ABFA News

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ABFA represents the industry at the Business Show in May

10 April 2017
The show will include 170 interactive masterclasses and 250 seminars as well as their biggest line-up of guest speakers ever, including former Dragon Hilary Devey, winner of the BBC's Apprentice Mark Wright and Google's Head of Marketing Raja Saggi.
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Success recognised at the 2017 ABFA Achievers Awards Dinner

22 March 2017
We were honoured to be joined by Members and Affiliates to celebrate the achievements of the industry's greatest students at the ABFA Achievers Awards Dinner on Wednesday 22nd March 2017 at the Royal Garden Hotel Kensington in London.
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FCI: 2016 Preliminary Global Factoring Statistics

14 March 2017
Preliminary world factoring statistics indicate that the Industry has overall held its pace with many markets showing significant continued growth.
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Asset based finance to businesses jumps 13% in a year to GBP22.2 billion

13 March 2017
Asset based finance to businesses is up 13% 2016 vs 2015, hitting an all-time high of £22.2 billion, rising from £20.6 billion the previous year.
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Asset based finance seizes market share from bank overdrafts as vital source of funding for SMEs

28 February 2017
Asset based finance is increasingly taking market share from bank overdrafts as a key source of funding for SMEs. The ABFA explains that at any one time an average £9.5 billion was lent to small and mid-sized businesses in asset based finance in 2016 – up 3% from £9.2 billion in 2015. At the same time the amount of outstanding bank overdrafts decreased by 2% to an average £12.4 billion last year, down from £12.6 billion in 2015**.
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EU Factoring and Commercial Finance Federation in collaboration with FCI hosts 3rd Factoring Summit

31 January 2017
The EU Federation for the Factoring and Commercial Finance Industry (EUF) and FCI have hosted a highly successful third Summit in Madrid.
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Michael Walsh Appointed as Chairperson and Mark O' Rourke as Vice-Chairperson for Ireland

20 December 2016
The Asset Based Finance Association (ABFA), has appointed Michael Walsh as Chairperson of the organisation in Ireland and Mark O’ Rourke as Vice Chairperson.
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Finance available through 'asset based lending' jumps to GBP4.3 billion - helping UK businesses combat shortage of funding

13 December 2016
The amount of finance available through ‘asset based lending’ to UK businesses reached a record high of £4.3 billion, up 22% in the last year*. The ABFA explains that asset based lending allows businesses to borrow against a range of assets they already own, including inventory, property, machinery and intellectual property.
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