CTG offers factoring “caution” to SMEs

CTG, a division of business and corporate training firm ILX Group plc, has advised caution to small businesses considering factoring as an alternative to refinancing in its latest advisory report for SMEs.

Crisis fall-out brings new supply chain finance opportunities for factors

For factors, the crisis has proved to be a bit of a curates egg. For some, the reduction in availability of credit insurance cover has meant that non-recourse arrangements, particularly cross-border deals, have been badly affected. But for others, the spread between the cost of borrowing and discount rates charged to clients has widened considerably...

Report predicts global factoring growth

Research and Markets’ Global Factoring Market 2016-2020 report forecasts that the global factoring market is set to grow at a CAGR of 11.03% during the period 2016-2020

Elcy grows senior management team

Web-based trade finance solution provider Elcy has appointed Shirley Mutter to its senior management team, following the appointment of Sabyasachi Mohapatra