A branch manager attends to a businesswoman for a ‘factoring’ contract, in April 2020. /
Financing through ‘factoring’, ‘forfaiting’ and ‘confirming’ goes back five years and remains below 3,000 million per year
Invoices constitute the circulatory system of the regional economic fabric. The gap between collections from customers and payments to suppliers can collapse it, as has happened during these two years of pandemic. Not even the outsourcing of both operations has alleviated it, to the point of having contracted by 25% compared to 2019. And the war
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#outsourcing #collections #Region #sinks #impact #pandemic
