EU Federation Factoring and Commercial Finance
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- File Details
- Size: 25MB
- Creator / Author: Joan Addedis
- Resource Type: Africa Capacity Report
- # Download: 254
- Access: Open to Download
January, 2016
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FCI_EUF Factoring and Commercial.pdf
Basic Information
Creator / Author
FCI
Source / Publisher
Afreximbank, Factors Chain International (FCI)
Number of Pages
2
Geographic & Audience Details
Geographic Coverage
Classification & Domains
Subject
Factoring
Abstract
Final analysis of data collated by the EU Federation for the Factoring and Commercial Finance Industry (EUF) shows that factoring and commercial finance volumes in the EU grew overall in 2016 by 6.2% to 1.5 Trillion. This rate of growth clearly outpaces the increase in GDP in Europe and again demonstrates the vital role factoring and commercial finance is playing in developing the real economy, providing principally SME businesses with much needed working capital. This success story is about real growth, real employment and demonstrable business success in supporting the ongoing recovery
Keywords
EUF Statistics, Factoring and Commercial Finance Industry (EUF)
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