The most recent version of the EU Federation (EUF’s) Industry Standard Whitepaper has been recently updated and published with the finalised market data for 2018
The Telegraph’s ‘Future of Trade and Export’ conference sought to explore ‘new opportunities in international trade policy, finance and technology’.
HO CHI MINH CITY, Vietnam, 11th June. Deepesh Patel, Editorial Director of TFG, spoke today on the Evolution of Receivables Finance at FCI’s 51st Annual Meeting held in Vietnam. Speaking on a panel chaired by Lionel Taylor, Trade Advisory Network, alongside Editorial Directors of BCR Publishing and Business Money, the panel gave an observer view on the evolution of factoring in Southeast Asia.
Bank of America Merrill Lynch’s Baris Kalay explores what it takes to implement a successful supply chain finance program.
Stenn International’s Kerstin Caroline Braun addresses the $1.5tn trade gap, and discusses how non-bank financing can help bridge the gap.
Final analysis of data collated by the EU Federation for the Factoring and Commercial Finance Industry (EUF) shows that in 2018 factoring and commercial finance volumes in the EU grew overall by 7.9% to €1.73 Trillion, 80% of which was domestic business and 20% international.
In 2018 the world factoring industry volume continued its upward trend with a total reported figure of over 2,767 billion euro representing over 6% growth compared to the previous year.
Invoice factoring is the practise whereby a third party factoring institution purchases a business’ outstanding invoice debt with a discount applied. This increases the availability of funds in the short-term for businesses, which is often crucial to the survival of small-to-medium sized businesses.
Since its inception in 2015, OakNorth has gone from strength to strength. Indeed, last year the British challenger bank reported a 220% increase in profits from the previous year. So what is the story behind OakNorth and why is it growing so quickly?
Alongside the technical and industrial advances of the last 50 years, the ability to trade freely with the Single market has benefited Britain’s businesses well in recent times. So well… read more →