EUF publishes updated Whitepaper on the Factoring Industry in Europe

EUF publishes updated Whitepaper on the Factoring Industry in Europe

13 July 2019 by Erik Timmermans

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The new study confirms the unique combination of Factoring : being open for SME financing whilst keeping the risks for the financial system well controlled.  

Key findings about Factoring & Commercial Finance in Europe:

  • It is growing rapidly, the FCF Industry now supports businesses that have a combined turnover that represents 11% of EU GDP
  • It provides funding of around €240Bn to nearly 220,000 businesses, large, medium and small which together have a combined turnover of €1.7Tn 
  • It principally enables businesses in the Manufacturing, Services and Distribution sectors 
  • It is, in risk terminology, a low Loss Given Default (LGD) solution, providing opportunity for safe, secure funding in an increasingly risk aware regulatory environment 
  • It continues to offer a unique combination of benefits that meet user, provider and regulator stakeholder needs simultaneously; a real and unique win win in business finance

You can download the white paper below or on the EUF website : https://euf.eu.com/

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