Are U.S. small and medium sized businesses aware of alternative finance sources?

Hey, U.S. businesses, and what do you think about this? Leave your comments. SMEs unaware of alternative providers It seems that there is growing evidence that small and medium size enterprises are not aware of the alternative finance providers. A few months ago a report was published by HM Treasury which stated that the majority Read More >

Reverse factoring – an innovative trade finance mechanism

With the growth of international trade, finding reliable and affordable financing mechanisms has become a challenge. Traditional options are not always sufficient and available for small and medium sized businesses. Here’s where reverse factoring comes into the scene. An article by capgemini-consulting.com gives an overview of this innovative trade finance mechanism: http://www.capgemini-consulting.com/blog/procurement-transformation-blog/2013/09/reverse-factoring-innovative-financing-to-strengthen

Study: reverse factoring as a new means of financing international trade

Reverse factoring could potentially provide between $255 billion to $280 billion of cross-border trade financing, or 20 to 25 percent of an industry’s accounts payable, according to the study of the UK’s Association of Chartered Certified Accountants (ACCA). Basically, reverse factoring means a process in which a seller accepts a discounted payment of an invoice Read More >