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FCI reports 20% cross border factoring increase
24 January 2012
Factors Chain International, the network of factoring companies, has reported a 20% increase in its two-factor cross border business in 2011.
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Factors Chain International
FCI
factoring
Factors Chain International (FCI), the network of factoring companies, has reported a 20% increase in its two-factor cross border business in 2011.
Approximately $26 billion of trade was conducted through FCI’s network during 2011. The figures are a good indication that many factoring companies enjoyed either a good, or record, year in 2011.
Market sources suggest the results are a conservative guide for the industry as a whole. Wider industry statistics, that combine both domestic and international trade, are due in March 2012 and...
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