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  • Global Factoring Market 2018 To Grow At A CAGR Of 13.28% to 2022 with Advent Of Blockchain In Factoring Services

     



    (I-SoftwareNews.Com, July 02, 2018 ) Factoring is a service of financial nature involving the conversion of credit bill into cash. It is a process or mechanism by which a company generates finance against its receivables. Factoring is asset-based financing in which the factor gives credit by looking at the creditworthiness of the borrower.

    Publisher's analysts forecast the global factoring market to grow at a CAGR of 13.28% during the period 2018-2022.

    Covered in this report
    The report covers the present scenario and the growth prospects of the global Factoring market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

    Request sample copy @ http://www.reportsweb.com/inquiry&RW00011931247/sample

    MSMEs depend extensively on financing to expand their business, develop new products, and invest in improved inventory management systems and production facilities. Factoring businesses offer working capital loans that mitigate credit risks, by providing loans without start-up fees or termination fees. Factoring is an essential source of alternative financing for MSMEs. Technavio’s market study identifies the growing need for alternative source of financing for MSMEs to be one of the primary growth factors for the factoring market. Owing to the rising need for working capital cycle, vendors provide structured working capital finance and cash credits to meet the needs of the MSMEs, enterprises, and firms.

    Key vendors
    - BNP Paribas
    - Deutsche Factoring Bank
    - Eurobank
    - HSBC Group
    - Mizuho Financial Group

    Have any query? Enquire about report @ http://www.reportsweb.com/inquiry&RW00011931247/buying

    Market driver
    - Growing need for alternative source of financing for MSMEs

    Market challenge
    - Lack of stringent regulatory framework for debt recovery mechanism in developing countries

    Market trend
    - Advent of blockchain in factoring services

    Fundamentals of Table of Content:

    PART 01: Executive summary
    PART 02: Scope of the report
    PART 03: Market research methodology
    PART 04: Introduction
    PART 05: Global construction market
    PART 06: Market drivers
    PART 07: Market trends
    PART 08: Global AEC market
    PART 09: Market segmentation by product
    PART 10: Geographical segmentation
    PART 11: Market challenges
    PART 12: Impact of drivers and challenges
    PART 13: Five forces model
    PART 14: Key vendor analysis
    PART 15: Key vendor profiles

    Get more information @ http://www.reportsweb.com/global-factoring-market-2018-2022

    ReportsWeb.com

    Rajat Sahni

    +1-646-491-9876

    sales@reportsweb.com

    Source: EmailWire.Com

    Source: EmailWire.com

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