More exporters turn to factoring

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01 June 2001

In its review of business for last year, Factors Chain International (FCI), the world's largest network of factoring companies, reports that the growth rate in international factoring volumes worldwide is now greater than the growth rate in domestic factoring

The statistics for 2000 show a growth in international business of 34% compared to 12% for domestic factoring. While the actual volumes for domestic factoring are still significantly larger than international volumes, the trend is a positive one for the industry. It is also a further indication that more...

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