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Chile

Chilean Factoring Association asks the government for preferential financing

Unions of the non-bank financial industry urged the government to provide them with liquidity under ...

Chilean factoring industry recognizes increases in payment default levels

The Association of Factoring Companies of Chile indicates that they experienced late payments where payment terms...

Chilean Factoring Association: ‘Several SMEs will be in serious trouble if crisis prolonged’

One of the concerns raised by the Central Bank in its latest financial stability report, released on...

Brazilian company starts factoring operation in Chile

Brazilian company SRM is expanding its operations with the capture of an invoice fund that could reach...

Chilean 30 days payment law is already impacting factoring

In the first quarter of 2019, the average payment term to SMEs rose by one day to...

Chilean company plans to enter Peruvian factoring market

After six years on the financial market...

Electronic factoring in Chile increases 15% in 2018

In 2013 electronic factoring (e-Factoring) operations were carried out for amounts of ...

How Chilean factoring market will change with 30-day payment law

On Thursday the 3rd of January, the Chilean president Sebastián Piñera, accompanied by economy minister...

Chilean factoring firms file criminal complaint against two executives of Equitas

Juan Ignacio Piña, lawyer and former undersecretary of Justice recently filed a lawsuit against two directors of Innovaciones Forestales. Whilst representing the two local factoring firms Primus Capital and Contémpora, Piña

Chilean factoring company launches online client solution

From the 5th of November, the Chilean company New Capital launched its own developed online solution for its clients.

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