Robyn Barrett of FSW Funding, Sydnee Breuer of Rosenthal & Rosenthal, Sue Duckett of Franklin Capital Network and Rob Myers of Republic Business Credit provide the factoring industry perspective on all the developments of the last year and what it all means for 2022.
It seems like 2021 started an eon ago. In January, COVID-19 vaccines were slowly rolling out, providing some measure of hope that the pandemic would subside by the end of the year. Although that optimism rose throughout the spring and into the summer, new variants of the virus and a resurgence of cases has stalled the progress we may have envisioned 12 months ago.
Amidst the continuing ebbs and flows of the pandemic, the supply chain has been shattered, inflation is on the rise and labor challenges continue to persist. To take stock of how all of these factors (and many more) have impacted and will continue to impact the factoring sector in the new year, Commercial Factor spoke with several leaders from the industry.