NEW YORK, March 2, 2016 /PRNewswire/ -- About Factoring
Factoring is an asset based financing in which the factor gives credit by looking at the credit worthiness of the borrower. The factor purchases the receivable, which is used as a collateral for the loan that is offered to the borrower, after which the ownership shifts from the seller to the factor. Factoring involves two services that include collections and credit services.
Technavio's analysts forecast the global factoring market to grow at a CAGR of 11.03% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global factoring market for 2016-2020. To calculate the market size, the report considers the total financing volumes from emerging markets such as EMEA, APAC, and the Americas.
Technavio's report, Global Factoring Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- 1st PMF Bancorp
- Aldemore Invoice Finance
- American Receivable
- Bibby Financial Services
- Capital Plus
- Charter Capital
- RBS Invoice Finance
- Riviera Finance
- Universal Funding
Other prominent vendors
- Factor Funding
- New Century Financial
- Paragon Financial
Market driver
- Improved inventory management through factoring business
- For a full, detailed list, view our report
Market challenge
- Lack of expansion opportunities in developing countries
- For a full, detailed list, view our report
Market trend
- Factoring industry's awareness of supply chain finance
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Read the full report: http://www.reportlinker.com/p03664208-summary/view-report.html
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