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The development and promotion of factoring and its derivatives globally have represented a sound strategy for those countries that have not only implemented it, but also have been developing it over time, translating it into an engine for economic growth...
#Jose Mario Escudero#National Institute of Statistics and Informatics#SUNAT
The factoring industry has an established place as an important player in the US that provides working capital to small…
#Alina Hall#Mark Mandula#World Factoring Yearbook
The year 2023 was a relatively stable year for the invoice finance and asset-based lending (IF/ABL) sector in the United…
#asset based lending#factoring#invoice finance
The Turkish economy grew by 4.5 per cent in 2023, according to official figures. Filiz Ünal, Deputy Secretary General, Factoring,…
#factoring#Filiz Ünal#The Association of Financial Institutions
In 2023, the 24 members of the Polish Factors Association (PFA) achieved a turnover of EUR 103.4bn, which represents a…
#factoring#PFA#Polish Factors Association
The Portuguese economy entered 2023 with its best performance in over 25 years, with GDP 6.7 per cent higher than…
#ALF#ASSOCIAÇÃO PORTUGUESA DE LEASING FACTORING E RENTING#factoring
The members of the Swiss Factoring Association were able to achieve solid revenue growth in the year 2023, which was…
#ABC Factoring AG#factoring#Marc Meier
The total turnover of factoring in Serbia in 2023 showed growth for the third consecutive year, which is indicative of…
#AOFI#Serbian Export Credit and Insurance Agency#Tanja Kursar
Romania’s GDP grew by 2.1 per cent in 2023, due to a 6.5 per cent increase in investments, which were…
#Alecsandra Valasuteanu#Romanian factoring#Unicredit
The year 2023 was a year when the invoice finance industry in New Zealand had some good growth of approximately…
#Craig Brown#Lock Finance#World Factoring Yearbook
The Dutch economy is proving resilient, as evidenced by macroeconomic figures and experiences during and post the COVID-19 pandemic. Rudy…
#Bibby Financial Services#Rudy Plugers#World Factoring Yearbook
In 2023, the Mexican economy experienced robust growth despite a slow recovery after having suffered during the pandemic. Pilar Turanzas,…
#HSBC#Pilar Turanzas#receivables finance
Trade is a key determinant of economic growth, and trade transaction facilitation has given rise to conventional solutions such as…
#factoring#MCB Factors Ltd#Stephanie Cerveaux