Import factoring: running into trouble


With the withdrawal of three UK factors from various aspects of the international offering Barclays from import factoring, GMAC from the UK market and Ultimate from international factoring Factorscan asks why the international scene has experienced so many casualties in the downturn and how other European markets and factors have managed to stay buoyant. Factorscan talks to Finn Castella, General Manager and CEO of Nordisk Factoring in Denmark about the impact of the downturn upon international factoring.


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