Tag "faktoring"

Factoring providers achieved a 22 percent increase in turnover last year

Factoring service providers achieved a 22 percent increase in turnover in 2021, the Hungarian Factoring Association told MTI on Wednesday. It is explained that the estimated total value of receivables...

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There is a huge potential for development in domestic factoring

In the last 1.5-2 years, payment deadlines have been noticeably extended. For a wide range of small and medium-sized enterprises, this can seriously hinder the maintenance of liquidity. Among other...

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Hungarian Factoring Association: the factoring market achieved good results despite the crisis

Despite the virus and the ensuing economic downturn, the first half of this year produced a surprisingly good result in the factoring market. Turnover increased by 20 percent compared to...

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The construction industry factored the most during the pandemic

While factoring companies have seen a decline in several sectors, interest in financial services has tripled in the construction and food trade. Most businesses opted for factoring, citing the economic...

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The factoring market broke records last year

The factoring market in Hungary has gained a record turnover last year, but unlike the tendency in the European Union, the share of the micro and small companies decreased from...

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