The World Factoring Industry is now a $3 Trillion Business

Warsaw / March 18, 2018 / News from the largest International Conference for Factoring firms held in Warsaw, Poland. This International Event attracted key sponsors including: Codix, HPD Software, Squire Sanders, Efcom, FIDIS, DEMICA, Neurosoft, Smart Factor, Premium Technology and ING. Association and Media Partners included FCI, European Bank for Reconstruction and Development, International Chamber of Commerce, IFG, IB Contacts, Supply Chain Brain and TRF News.

Attendees were senior management teams from business finance, factoring companies, banks, and asset-based financiers as well as corporate executives. Receivables finance and supply chain experts from 30 countries.

Factors Chain International is a global network of leading factoring companies, whose common aim is to facilitate international trade through factoring and related financial services www.fci.nl.

1.     For the first time since factoring data has been compiled, the global factoring industry exceeded $3 Trillion in worldwide volume in a single year. For 2013, total global factoring volume was $3 Trillion or an increase of 10%.

2.     The strong global performance in the factoring industry is impressive when you consider many if not all of the other providers of capital, traditional banks, fared nowhere near as strong a performance as the factoring industry overall.

3.     If analyzing the factoring volume data over a longer period of just 5 years coinciding with the onset of the global financial crisis the results are even more impressive. Global factoring volume has actually doubled in the 5 year period. The increase of 1 Trillion EURO’s represents a 15% CAGR (compound annual growth rate)

The America’s remain third, behind both Europe and Asia in factoring volume. Global market share for the America’s is only 10% as of the end of 2013, but portends to be the largest opportunity for growth over the next decade.

In most parts of the world factoring is a universally accepted tool that is vital to the financial needs of small and medium sized businesses.

There is no question that factoring is a thriving, global force that facilitates commerce. In the United States as is the case globally, almost any business or industry can profit by having a professional factoring firm as a partner. More and more businesses in the United States could profit as others have globally by utilizing the professional services of a factoring firm to grow and expand without the shackles common in more traditional bank funding alternatives.

SecurCapital launches SecurFoundation and appoints managing director

 

LOS ANGELES, CA / ACCESSWIRE / August 27, 2018 / SecurCapital Corp has launched its integrated philanthropic company, SecurFoundation, pledging it company’s equity, technology, earnings and people to improve communities around the world. SecurCapital has adopted the 1+1+1 model designating 1% of its equity in its capital structure, 1% of its products, 1% of its earnings, and 1% of its employee’s time to charitable causes. SecurCapital will initially be working with non-profits and educational institutions to accelerate their specific initiatives within the social enterprise.

“Every company has a responsibility for allocating some of their assets to the social good,” said SecurFoundation, Managing Director, Ilene Slatko “This can apply in so many ways, such as providing internships for better job training and opportunities or supporting events that raise funds for good causes and contributing thousands of hours to worthy causes across a broad chain of philanthropic initiatives,” said Slatko. “SecurCapital was influenced by Salesforce Foundation which pioneered the ‘1-1-1 Model’ 18 years ago and has taken the pledge to start their foundation at inception of the company with its equity contribution.”

SecurCapital Corp launches supply chain fintech company

LOS ANGELES, CA / ACCESSWIRE / January 16, 2018 / SecurCapital Corp forms new company in Fintech that will focus on logistics supply chain finance.  SecurCapital is introducing a disruptive “one-click solution” offering FINTECH services in the underserved Supply Chain Finance $800 billion marketplace. SecurCapital will offer services to logistics companies providing a cloud-based business-to-business platform for receivables financing, advisory services, insurance, alternative banking services, mergers & acquisitions and blockchain development.

 “Clearly, there has been a monumental transformation influenced by Fintech, Blockchain and alternative banking options within the global logistics landscape,” said Steve Russell.  "Traditional financial institutions are not positioned to serve a challenging logistics industry in a timely manner or leverage the new technologies driving dynamic change across the supply chain.”

Mr. Russell will serve as CEO of SecurCapital. Mr. Russell is a veteran logistics executive having held CEO, COO, Founder and EVP Sales positions in public and private logistics companies globally. He was an early cloud pioneer serving 4 years in Singapore as CEO of Salesforce.com - Asia Pacific (NYSE: CRM) launching salesforce in Asia, India and Australia.

“We’re very excited to launch SecurCapital as a first to market innovative Supply Chain Finance solution. The cold, hard fact is that one-third of the logistics industry still runs on Excel and older legacy systems. Research shows that there is not only a lack of innovation, but also a lack of understanding of what Fintech is and its potential impact on logistics” said Russell.  “Our goal is to offer the industry simple Supply Chain Finance services designed by actual logistics professionals to reduce cost, improve working capital liquidity and gain dashboard visibility leveraging cloud-based Fintech innovations.”