At their recent General Assembly, the International Factors Group decided to reposition and widen the scope of the Group’s role in the international receivables finance industry and to add new services to its members and partners.
The proposal for a new direction was put forward by the board of directors and approved by the vast majority of the Group’s members, with the new strategy to be implemented as soon as possible.
The new direction for IFG can, in brief, be described as follows:
· Maintaining and enhancing the infrastructure for ‘two-factor’ business remains a core focal area for IFG.
· Adding a wider range of services for members to allow them to expand their cross-border activities on secure ground through partnerships with related industries in the supply chain i.e. credit insurers, collectors, lawyers and accountants.
