On May 9 and 10, the XLVI Assembly of the Spanish Factoring Association was held at the Hotel Real in Santander. This is a fundamental meeting of the commercial finance sector in our country, which was once again sponsored by Alvantia. (more…)
Supply Chain Finance: an advantage for all
All companies need financing, either for investment or as working capital for day-to-day operations. Working capital is used to purchase supplies for production, finance inventory and thus have capital available until customers pay invoices. Therefore, access to appropriate instruments (alternative financing) to manage working capital requirements is key in global efforts to reduce the financial gap between SMEs and large companies. (more…)
Origins and evolution of Factoring
Factoring, together with Confirming, is a financing product for companies that is becoming increasingly important in Spain. According to data published by the Spanish Factoring Association in August, Factoring and Confirming activity in Spain grew by 8.2% during the first half of 2023, compared to the same period last year. (more…)
Factoring IN LATAM 2023: what is coming?
Last week we had the opportunity to attend a very interesting online seminar organised by the Latin American Factoring Association (FELAFAC), in which an in-depth analysis of the current situation of factoring in the region was carried out. The experts talked about what we can expect of the industry in 2023. (more…)
Main challenges and opportunities of Factoring in Peru
Article published on TRF News
The factoring industry took off in Peru, in practical terms, in 2016. It then began to develop strongly in this country that is suffering from a permanent political crisis (it has had five presidents in less than five years), and despite this, it is one of the most successful and stable economies in Latin America. (more…)
Confirming: the alchemy of continuous change
From the Atacama Desert to the Amazon rainforest and from the high peaks of the Andes to the Great San Julian Depression, Latin America is so vast, so diverse and such a fascinating place that
it would be impossible to define it in words. It’s a land that has given rise to ancient civilizations
and modern metropolises, natural wonders and feats of engineering, and great thinkers, artists (more…)
The AEF celebrates its XL General Assembly in La Coruña
On May 12 and 13, the Spanish Factoring Association held its XL General Assembly at the NH Finisterre Hotel in La Coruña. The event was sponsored by Alvantia, which has not hesitated to once again support this important meeting of the trade finance sector in our country. (more…)
The Spanish Factoring Association celebrates its General Meeting
On 21 and 22 October, the Spanish Factoring Association (AEF) held its thirty-nine General Meeting in Granada. Once again, Alvantia sponsored this event, which brings together the main players in the commercial finance industry in Spain. (more…)
Spanish factoring and confirming showed resilience in 2020
Roberto Gutiérrez (CEO – Alvantia)
For the World Factoring Yearbook – BCR publication in association with FCI
Just over a year ago in April 2020, Spain was in the throes of the first wave of the pandemic and plunged into a state of economic semi-paralysis. The vast majority of companies were closed, people were working remotely and the figures for unemployment, furloughs and temporary redundancy plans were growing each day. It seemed as if, to add insult to injury, an economic virus was following in the footsteps of the coronavirus.
