Chile's factoring industry will see international operations grow by 30 - 35% annually over the next few years, according to Julio Nielsen international manager of Factorline
The rating was based on market growth expectations, the firm's controlled risks, adequate financial risk administration and support from parent group, the local Said family
The Chilean subsidiary of French credit insurer Coface will make its international factoring debut next month with a view to breaking into the top three in 3-5 years