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On July 3, ICCA and its associate member TBC Bank hosted a joint webinar for the member companies of the Association – “Factoring as an Opportunity to Finance a Working Capital”.
Factoring provides companies with an opportunity to increase liquidity. The product is beneficial to both buyer and seller. On the one hand, a seller receives the purchase price immediately, while a buyer pays the price in installments.
The webinar was intended for the persons interested in wholesale business and for the representatives of the construction sector.
It should be noted that after analyzing business approaches Global Finance Magazine recognized TBC Bank as the best trade finance provider 2020 in Georgia, while Euromoney named the it the market leader and best service provider.
The webinar was conducted by the sector experts, trainers Tamar Khizanishvili, director of Trade and
Structured Finance Department (member of TBC Bank’s team since 2018) and Nana Gagua, Trade
Finance Senior Specialist (member of TBC Bank’s team since 2008).