According to the latest data provided by the Spanish Factoring Association, 266,652 million euros were financed through Factoring and Confirming last year, a slightly lower amount than in the previous year, 2023 , and representing a slight year-on-year decrease of 1.38%. (more…)
(Article published in TRF News -July 2024-)
According to the latest data from Factors Chain International the global Factoring industry grew by 3.6% in 2023. In this graph we can see the unstoppable growth of the sector during the last 20 years: (more…)
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…)
On January 24th and 25th, Alvantia participated in the Supply Chain Finance Summit 2023, a meeting that was held at the Cecabank offices in Madrid and brought together the main players in the Confirming sector at an international level.
The event, organized by BCR Publishing, in collaboration with FCI and the Spanish Factoring Association (AEF), had an interesting program focused on the latest trends in the SCF industry. (more…)
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…)
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…)
Within the Confirming activity, the management of sending remittances is a process that, a priori, can be trivial. However, this is a key phase in which different business areas of the entity are involved (such as Operations, Sales and Technology) and in which it is essential to successfully address one of its main problems: the management of the large variety of formats that have emerged over the years. (more…)
A few years ago, Factoring in Colombia was a non regulated activity and its reputation was not very good (in some cases, it was even related with a lack of financial health). These conditions made the development of this product very difficult. In fact, as it is said in Actualícese, less than a 5% of SMEs accesed to this financial tool in 2019. (more…)
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…)
