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 >