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Exide Technologies has received final Bankruptcy Court approval of its USD500 million debtor-in-possession (DIP) financing. (more…)
#bankruptcy#funding#international
The State National Bank of Panama announced it would start factoring operations in September this year. (more…)
#bad debts#bank
Bibby Financial Services announces opening in Quebec, Canada. (more…)
#cash flow solutions#cash-flow#financial services
CIT reports Q2 net income of USD184 million, with factoring growth failing to exceed 1pc. (more…)
GE Capital, Corporate Finance has agreed to provide a US$76.8 million asset-based credit facility to Pacific Coast Feather Company, a…
#corporate finance#liquidity#working capital
Pavestone Capital, an established US-based commercial finance company, and Bayside Business Solutions, a commercial finance portfolio management software provider, have…
#commercial finance#invoice#management
Less than 10pc of US Companies use the Chinese currency in trade. (more…)
#bank#exports#international
US-based Synchrony Financial have announced second quarter 2015 net earnings of USD541m, or USD0.65 per diluted share (more…)
#investments#platforms#receivables
A specialised Excess of Loss (XoL) insurance policy can help companies generate receivables-based financing and improve lending terms. (more…)
#credit risk#receivables#risk
According to various expert assessments, the Panamanian factoring market has been growing 10-20pc per year. (more…)
EXL partners with GT Nexus to provide comprehensive services to the Global Supply Chain Industry. (more…)
#Bill#cloud#management
New study reveals a gap between corporations desire to introduce reverse factoring and dynamic discounting, and implementation of processes and…
#cloud#management#receivables
In what historically has been recognised as a cheque prevalent market, recent reports suggest that the use of electronic…
#bank#management#security