For factors, 2018 was a very solid year for business, with many in the industry experiencing growth
across all regions and specialties, whether organically or through acquisition. Despite the good news,
industry leaders do note that competition remained ;erce, and they predict more of the same for
the year ahead. Banks continue to be highly liquid, and independent factors are likely to see
additional pressure from regional and community banks.
Factors Still Growing
BY MYRA THOMAS