complementary organisations like the
CFA in Northern America and ABFA in the
Based in Belgium, in the heart of
Europe, IFG is structured in a way that
is both globally oriented and regionally
aligned. A network of Regional Chapters
(presently there are four: Central and
Eastern Europe, Asia, MENA and Latin
America) allows members to interact on
local issues and opportunities, whilst
the universal overview is co-ordinated
through accessible international events,
education and communication.
IFG’s manifesto (effectively our mission
statement) tells you why we are here:
◗;We aim to create the international
representative body for Factoring and
Commercial Finance in both emerging
and established markets worldwide.
◗;Our global network facilitates trade,
provides education, knowledge share
and best practice nationally, regionally and internationally.
◗;We connect service providers with
members and align with like-minded
organisations to facilitate broader
◗;We lobby on behalf of the industry –
we promote and represent the industry working closely with regulators
and governments worldwide.
Of course we have much to do; our industry still has a great opportunity to develop
awareness, understanding, acceptance
and usage, and at the same time it faces
many issues in meeting increasing regulatory requirements and operating across
differing legal environments.
We are therefore absolutely delighted
now to be working in a strategic
partnership with the CFA, as together we
will be ever stronger and more effective in
taking on the opportunities and challenges
to build our industry. We look forward to a
close and developing relationship with our
colleagues in North America!
tinue to evolve, with the launch of our
groundbreaking Fundamentals program
and the kick-off of the CFA Certification
CFA also conducts an active advocacy
program, serving as the voice of the
industry on legislative and regulatory issues. On the international front, CFA has
played an active role in the development
of modernized and streamlined secured
transactions laws. In its advisory role
with the United Nations Commission
on International Trade Law (UNCITRAL),
CFA has helped shape a variety of model
laws and guides used by governments
around the world to improve their secured lending laws.
CFA is pleased to work with the IFG
and its membership in this strategic
partnership. Together, the two organizations can present a unified voice as we
educate borrowers, legislators, regulators and the media about the critical
role factoring and ABL play in supporting
businesses, economies and job creation
around the world.
International Factors Group
IFG, the International Factors Group,
came into existence just over 50 years
ago and is the organisation that represents and promotes the interests of the
wider invoice finance and asset based
lending industry on a global basis.
It brings like minded organisations
together to connect, educate and
influence, all of them having a common
goal of building the reach and impact of
our industry in the support of economies,
growth and employment.
Membership is open to active industry
providers, new start organisations and
to sponsors from associated industries.
There are currently around 160 members
represented in 60 countries. Our aim is
to continue to grow through providing
members with cost effective value added
services and effective operational links to
closely aligned, important and influential
Commercial Finance Association
Founded in 1944, the Commercial Finance
Association is the leading industry association of the asset-based lending and
factoring industries in the U.S. and internationally. CFA’s membership includes the
asset-based lending arms of domestic and
foreign commercial banks, small and large
independent finance companies, factoring
organizations and financing subsidiaries
of major industrial corporations. CFA members pride themselves on bringing thought
leadership, valuable contacts and industry
expertise to the asset-based financial
services and factoring industries.
CFA’s mission is to provide world-class
networking opportunities, education and
training programs and advocacy on critical
issues of importance to the industry.
Based in New York City, CFA offers a
range of conferences and events that
enhance commercial finance professionals’ ability to network and interface
with their industry peers and service
providers who support their businesses.
CFA’s flagship event, its Annual Convention, attracts over 1,000 leading ABL and
factoring executives each year. Other
conferences are targeted towards specific industry sectors, including syndicated
ABL, cross-border commercial lending,
factoring, trade finance and entrepreneurial lending and private equity deals.
In addition to our diverse set of
conferences, CFA’s 16 regional chapters hold networking and educational
events throughout the year to serve
the needs of industry professionals at
the local level.
CFA offers a comprehensive roster
of education and training programs to
satisfy the training and professional
development requirements in our industry. Education program topics include
field examination, financial statement
analysis, workouts and bankruptcy and
many others. CFA offers programs with
live instruction and in virtual formats. In
2014, CFA’s education programs will con-
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