|

Trade Finance & Factoring for
Small and Medium Businesses
Trade Finance
Global Trade Finance Limited has been offering trade finance
solutions in the form of invoice “Factoring” for the past 5 years.
Invoice factoring is now universally accepted as vital to the
financial needs of corporate and more specifically, small and
medium sized businesses. Total factoring volume in India has
grown from USD 205 million in 2004 to USD 2401 million in 2005
(source: Factors Chain International).
Factoring for
Small and Medium Businesses
Small and Medium Enterprises are the engines of growth in an
economy. The SME sector in India is non-homogenous in
structure and includes diverse types of production units
ranging from traditional crafts to high-tech industries. The
SME sector plays a major role in India’s present export
performance, contributing to 45-50% of the Indian exports.
Global Trade Finance has dedicated most of its facilities to
the SME sector. As on March 31, 2006, 66% of GTF’s client base
comprised of the SME sector with a factoring debt of INR 3,332
million. Factoring facilities offer large benefits to the SME
sector. In 1991, RBI first approved this facility to provide
finance to the SME sector.
For Additional Information:
www.gtfindia.com |