As Lending Club Stumbles – Its Entire Industry Faces Skepticism

June 21st, 2016

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New Report Share Details about Global Factoring Market

April 8th, 2016

New report shares details about the Global Factoring market 2016 this is poised to grow at a CAGR of 11.03% by 2020

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CITI: The ‘Uber moment’ for banks is coming — and more than a million people could lose their jobs

April 5th, 2016

by: Portia Crowe

Banks are quickly approaching their “automation tipping point,” and they could soon reduce headcount by as much as 30%.

That’s according to a new Citi Global Perspectives & Solutions (GPS) report on how financial technology is disrupting banks.

“Banks’ Uber moment will mean a disintermediation of bank branches rather than the banks themselves,” the report said.

“Specifically, it will mean the shift

Top 7 Benefits of Factoring

January 21st, 2016

Although there are numerous benefits to Factoring, here are nine that top the list.

1. Cash without Debt

Unlike banking, factoring is not a loan and there is no interest to repay. It is simply the selling of an existing company asset – accounts receivable (current or outstanding invoices).

2. Simple Process

Unlike applying for a bank loans, setting up a Factoring account does not involve

Big Companies, Pay Later Squeezing Their Suppliers

May 21st, 2015

By  APRIL 6, 2015 New York Times

How would you like to have 120 days to pay your creditors?

Adopting a tactic widely used by 3G Capital, the Brazilian private investment group behind the recent merger of Heinz and Kraft Foods, a growing number of the world’s largest