The International Factoring Association accepted three new vendors into their preferred vendor program: Artis Trade Systems, Rainstar Capital Group and VeriCore.
Four new members have joined the Advisory Board of the International Factoring Association, the largest association of commercial finance companies in the world.
The International Factoring Association formed a U.S.-based Midwest Chapter. Laurie A. Montplaisir, a shareholder with Robbins, Salomon & Patt, founded the chapter which spans 10 states.
FactorsNetwork and Claurs Merchant joined the International Factoring Association Preferred Merchant Program. The vendors will now offer exclusive discounts to IFA members.
The IFA said it coordinated a ten-day tour of factoring companies in the U.S., Canada and Mexico for professionals from the Commercial Factoring Expertise Committee of China Association of Trade in Service.
The International Factoring Association announced they changed the name of the Certified Factoring Account Executive designation to Certified Account Executive in Factoring (CAEF), effective immediately.