Can factoring grow?

According to the 2024 FCI Annual Review, the global factoring industry has an 8.4% 20 year- compound annual rate of growth. This is an impressive growth rate, but importantly, there is still a significant chance for the industry to grow further.

What needs to happen for this to take place?

Deepesh Patel, Editor, Trade Finance Global, spoke to Kevin Day, CEO, Lendscape, at FCI’s 56th Annual Meeting in Seoul to discuss some of these key trends and ideas.

Watch the full video below.

First appeared on: Trade Finance Global