CURRENT EFFORTS

Some of the items the AFA is considering focusing our efforts on are:


The AFA is working to promote the Factoring Industry. With the recent bankruptcy filing by CIT, the Factoring industry will face increased scrutiny. That coupled with the fact the Timothy Geithner recently stated that “non-bank lending now exceeds traditional bank lending in the United States”, Factors may soon be looked at with an eye towards regulation.  This may come in the form of direct regulation or by controlling the flow of capital into specialty finance companies such as Factors.  It is entirely feasible that the flow of capital from banks to factors could be regulated or restricted.