EU Federation for the Factoring and Commercial Finance Industry

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EU Factoring and Commercial Finance grew in first half 2014

Data for the first half year of 2014 collated and analysed by the EU Federation for the Factoring and Commercial Finance Industry (EUF) show that factoring and commercial finance volumes grew in the first half 2014.

For the period measured, the overall increase was 7.55% compared to 3.6% for the same period in the preceding year. Based on the latest GDP figures from Eurostat, average market penetration increased to approximately 10%.

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