20 years in the making: factoring’s long-awaited union
At the beginning of the 2016, Factors Chain International (FCI) and International Factors Group (IFG) merged to form the world’s largest factoring network. The organisation now represents more than 400 institutions in over 90 markets worldwide, whose combined annual turnover makes up 75% of the total $2.3 trillion revenues of the factoring industry, and 90% of cross-border factoring revenues.
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