EU Federation for the Factoring and Commercial Finance Industry

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EUF message: Covid-19 pandemic

In the current unprecedented Covid-19 pandemic, the European Factoring Industry confirms its complete commitment both to protect its people and to give full support to its clients whose activities have been so dramatically affected.

European Factors will give particular attention to the needs of businesses, from micro to SME, from merchant to large corporate, all of which are exposed to the consequences of this exceptional health crisis.

The EU Federation itself will be in close contact with the European Economic Authorities in order to monitor, review and seek appropriate support solutions for business.

We wish everyone well at this very difficult time.

 

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European Parliament Event: SMEs’ access to Finance

The event is postponed to a later date for precautionary measures.

Corporate funding, in particular SMEs financing opportunities, has been a major topic of the EU public debate since the 2008/2009 financial crisis.

As one of its top priorities, this issue deals with many aspects of EU policies and goes beyond finance-only regulation.
 
On March 18th, European Parliament, European Commission, Financial industry and SME's and company representatives will gather at the European Parliament to discuss on financing issues SMEs can meet and the answers European policy-makers and the financial industry can provide.
 
In order to give the best possible insights from the “real economy” actors, the workshop will give a significant tribune to SMEs and company executives from different European countries.

In front of some of the most relevant EU policy-makers and industry representatives, they will be able to voice their “day-to-day” concrete issues and pressing concerns in a significant – and differentiated – way.

Chaired by : Stéphanie YON-COURTIN, Member of the European Parliament, Vice-chairman of the ECON Committee

 

 

 

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Register for the 6th EU Factoring&Commercial Finance Summit

Due to the COVID-19 (Coronavirus) situation in Italy, we are obliged to cancel the summit. We will contact the registered attendees by email to explain the situation.

Registrations are now open for the Sixth EU Factoring and Commercial Finance Summit organised on 30-31 March 2020 by the EUF and FCI. The Summit is the only European Conference organized by the Factoring Industry for the Factoring Industry.

The programme will address the latest updates, promoting and celebrating the impact of the Factoring and Commercial Finance Industry which supports the real economy and employment in Europe.

 

WHO SHOULD ATTEND? 

CEO's, Senior staff, Managers or Executives who needs to be up-to-date with the latest trends and developments in the European Factoring and Commercial Finance Industry.

 

WHAT IS THE OBJECTIVE?

FCI and EUF represent over 98% of all European market players. This sixth Summit is a unique opportunity for Industry Leaders to network and address topics that really matter for the Factoring Industry.
 

Register now on FCI website!

 

We hope to see you in Rome!

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Press Release: Factoring and Commercial Finance continues to grow

Factoring and Commercial Finance continues to grow -

This important provider of finance to the EU real economy maintains growth

Data collated by the EU Federation for the Factoring and Commercial Finance Industry (EUF) shows that in the first half 2019 factoring and commercial finance volumes in the EU grew by 9.3% from 2018 to €896 Billion. That represents 11.2% of EU 28 GDP This continued growth again clearly outpaces the subdued increase in GDP across Europe and demonstrates the vital role Factoring and Commercial Finance is playing in developing the real economy, providing principally SME businesses with much needed working capital. The EUF is delighted to be able to share this success story which is about real growth, real employment and demonstrable business success.

Mrs Françoise Palle-Guillabert, Chairman of the EUF, noted: "Following the impressive growth for our Industry in 2018, I do appreciate to report this continued success in building support for businesses right across the spectrum within the EU28. Factoring and Commercial Finance is a real contributor to economic development and these results again reinforce our message to legislators and regulators: in delivering European wealth creation, this Industry has a key role to play.”

EUF stats 2019 half year

... ONE MISSION, ONE PLATFORM, ONE VOICE

© EU Federation - 2020