The International Factoring Association’s (IFA) core mission is to empower the Factoring community with cutting-edge resources, advanced training, substantial procurement advantages, and a centralized hub of knowledge and support.
Effective Growth Strategies for Factors – Part 2
Maximizing Existing Clients, Action Plan and Q&A
Over two knowledge-loaded sessions, Husam Jandal will discuss today's most effective strategies for achieving the two critical growth objectives for factoring businesses: (a) New Client Acquisition and (b) Client Retention. So come prepared to learn the proven-success methods that will take your results to a whole new level! In addition, participants will receive a pre-session survey to help them make the most out of this vital topic.
Speaker
Husam Jandal
Digital Strategist & Marketing Consultant Read Bio
In 2018, California became the first state to pass a commercial finance disclosure law (CDL) requiring certain commercial finance companies, including factoring companies, to make consumer-style disclosures to financing recipients. After years of regulatory delay, revisions, and comment periods, the California Department of Financial Protection and Innovation released its final regulations implementing the CDL in June 2022. This short timeline, paired with a specific and complex set of regulatory requirements under the new regulation, means that compliance will require a substantial amount of time, effort, and resources for anyone entering factoring agreements with California businesses. These difficulties are compounded for factoring companies, who have to comply with additional requirements in order to determine the “APR.” Join attorneys Alex McFall and Christopher Friedman as they provide practical advice to factors about how to come into compliance with these new requirements and how other states are following California.
Speakers
Christopher Friedman, Esq. Attorney Husch Blackwell Read Bio
Alex McFall, Esq. Attorney Husch Blackwell Read Bio
Breakout Session #4 International Update: UNIDROIT Model Law, Market Trends & More
1.Update on the legal and regulatory changes: challenges and opportunities
2.Significant framework changes in particular markets
3.Two primary movements: E-Invoicing in LA; development of the UNIDROIT Factoring Model Law (FML)
Speaker
Alberto Wyderka Regional Director Americas FCI Read Bio
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