Perspective
02 June 2015
Factors Chain International reports strong growth in European and Americas factoring
Region:
Middle East & Africa, Americas, Asia-Pacific, Europe
Factors Chain International (FCI), a leading network of global factoring companies, is reporting strong growth in cross-border factoring in selective markets. The group notes that global factoring volume reached an all time high of €2,348 billion ($2,610 billion) in 2014, up 6.3% from 2013. Cross-border factoring makes up 21% of this total, equivalent to €490 billion ($545 billion).
