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Almost 60 per cent of Peruvian companies now use...

Factoring has been growing rapidly in Peru over the last few years. According to the Peruvian Factoring Association total factoring volume rose 60 per cent in 2021 to US$5.59bn, which is more than 50 per cent higher than it was...

#digital factoring#Jose Mario Escudero#Rextie

IFC invests Us$250m in Brazil’s receivables finance provider

Smaller supply chain retailers in the consumer goods industry will have increased access to finance with IFC investing up to…

#MSME finance


BigCart and OpenText address SME finance challenges

BigCart, a FinTech company that provides a broad portfolio of innovative, secure B2B electronic payment solutions, has announced a strategic…

#Cash flow#cash-flow#OpenText


America’s B2B payments market boosted by Paystand’s Yaydoo acquisition

The B2B payments markets of America, especially Latin America, are sure to benefit from the acquisition of Yaydoo by Paystand.…

#accounts receivables finance#B2B payments#blockchain


SMEs are very depressed about the United States Economy:...

If we have come to some consensus that the American economy is at best treading water, let’s turn our attention…

#inflation#Mark Mandula#smes


SMEs are very depressed about the United States economy:...

There is an increasing amount of financial and other data that is pointing to a very challenging and downright ugly…

#Mark Mandula#smes


Castlelake and Aequum partner for new commercial lending...

Castlelake, L.P., a global alternative investment manager and Aequum Capital Founder, LLC a tech-enabled specialty finance lender, today announced a…

#Castlelake#commercial lending


SellersFunding launches B2B buy now pay later service

SellersFunding, US fintech provider for e-commerce brands, announced on Thursday the launch of their Business-to-Business (B2B) Buy Now Pay Later…

#BNPL#SellersFunding


Wells Fargo names Mary Katherine DuBose head of Asset-Based...

Wells Fargo & Company announced Mary Katherine DuBose as the head of the bank’s secured lending division that includes asset-based…

#Corporate appointments


CIT promotes Tony Cheng to VP Client Service Officer...

CIT, a division of First Citizens Bank, announced Tony Cheng will now be serving as Vice President, Client Service Officer…

#CIT#Corporate appointments


Peru’s factoring market reaches 13bn soles in first six...

Peru’s Ministry of Production (Produce) reported on Friday that in the first six months of this year a total of…

#accounts receivables finance


Tangelo commences disbursement of $45m DFC credit line

Tangelo, Latin American financial technology company specialising in alternative credit, announces that it made its first disbursement of the approved…

#funding#receivables#smes

FASB ratifies new SCF reporting rule

U.S. companies will have to disclose the terms and the size of their supply-chain financing programmes under a new rule…

#supply chain finance

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