| International Factors Group |
|
Erik Timmermans
avenue R. Vandendriessche, 18 (box 15)
Phone: +32/2/772-6969 The International Factors Group (in short: IFG or IF-Group) was founded in 1963 as the first international association of factoring companies. The original mission of IFG was to help factoring companies to conduct cross-border business acting as correspondents for each other. This is still the core activity of IFG today. The growth of the factoring industry, combined with a recent evolution towards Asset Based Lending creates new international challenges. These go beyond the role of correspondent import-export Factors, such as the organisation of risk management or how to develop people skills in this specialized finance industry. IFG has taken up this challenge and is today recognized as the representative Trade Association for the Factoring and the Asset Based Finance Industry, with an important focus on Education and Events, Industry Information and regular News and Newsletters. Membership of IFG is open to all active market players in the industry, including service providers who become sponsors. IFG today is represented in more than 50 countries by more than 130 members. As Global Trade Association for the industry, IFG teams up with national associations such as ABFA in the UK and the CFA in the USA. Thinking globally but acting locally, IFG is organized in regional Chapters in Asia, East Europe and Latin America. IFG Secretariat operates from Brussels, Belgium: please contact us for all information requests. For more information, please look under www.ifgroup.com |
