WFY'23: 'Factoring industry - an important player in the USA'
The factoring industry has an established place as an important player in the US that provides working capital to small and medium-sized enterprises (SMEs) that operate in the business-to-business (B2B) and business-to-government (B2G) sectors. In the US, total factoring volume in 2022 increased only marginally to USD 111.3bn, according to data published by the Secured Finance Network (SFNet).
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Posted on Apr 30, 2024 Region: USA
Factoring World Factoring Yearbook, Mark Mandula, Alina Hall
