The global factoring industry demonstrated steady growth in 2024, with total turnover reaching €3.89 trillion—a 2.7% increase from €3.79 trillion in 2023. These preliminary figures were released by FCI, the global representative network for factoring and financing of open account domestic and international trade receivables, during the BCR 25th Annual Receivables Finance International Convention (RFIx25) held in London on 21–22 May 2025.

Conversations about the trade finance gap often feel abstract. Another panel. Another graph in a report.  After years of diagnosing the problem, a new initiative is finally shifting the focus… read more →

The Master Trade Loan Agreement (MTLA) was designed by the Bankers Association for Finance and Trade (BAFT) to be used for lending between financial institutions, specifically related to the financing or refinancing of trade transactions.