factoring Industry Mexico 21-05-2004 Factoring industry profits plunge on higher costs Profits at Mexico’s 16 factoring companies fell 21.5% to 157m pesos (US$13.5m) in 2003 due, in part, to higher administrative costs, according to statistics released by the banking regulator CNBV.… Sign in or Upgrade to Continue Reading This news article is over 10 days old. Subscribe today to access all articles with an annual subscription. Become a member Learn more Already a subscriber? Log in here