Factoring and Commercial Finance grow in H1 2013
Data collated from EUF members show that factoring and commercial finance volumes overall grew in the first half 2013. For the 93% sample measured, the overall increase was 3.6%, reaching a penetration of 9.33% of EU GDP. In the face of the general economic situation, this expansion reinforces the importance of Factoring and Commercial Finance in the funding of European enterprise.
See the Press Release for details.