The Factoring course will provide a working knowledge of factoring, including its various types and applications; pre-activation; monitoring; and daily transaction controls. Participants will learn how international factoring can help exporters gain a competitive advantage, the benefits of reverse factoring, and the different types of supply chain financing products. Other topics covered include the legal and accounting aspects of factoring, as well as effective selling strategies you can use to boost sales and how to best manage and analyze risk.
This eLearning course is part of the Certified Trade Finance Professional (CTFP) certificate and includes a self-assessment tool to help you prepare for the final examination of the CTFP.
Number of teaching lessons : 8 Modules
Duration : 5 hours
Level :
Language: English
Credit category : 5
LEE KHENG LEONG, Asia-Pacific Representative, HPD Lendscape
Lee Kheng Leong acquired his factoring knowledge through training attached to reputable factoring companies in the United States and United Kingdom starting in 1975. Returning to Singapore in 1984, he set up DBS Factors, which was subsequently absorbed by DBS Bank. In 2001, Mr Kheng Leong became the Head of DBS Regional Factoring, where he helped provide factoring services to MSMEs and large corporates alike. In 2012, Mr Kheng Leong became the Managing Director of Bibby Financial Services, a subsidiary of Bibby Financial in the United Kingdom, the world’s largest independent factoring group. In 2015, he became the Asia Chapter Director of FCI and travelled widely throughout the country to promote international factoring as well as to conduct training on factoring in emerging markets. Mr Kheng Leong is currently the Asia-Pacific Representative of HPD Lendscape, the world’s leading digital factoring, supply chain finance and asset-based lending platform provider.