Chile

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

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 filed the lawsuit against...

From the 5 th of November, the Chilean company New Capital launched its own developed online solution for its clients. New Capital PRO, the new web branch of the financial company, is a platform that gives client access to all the information...

A few weeks ago, Chilean president, Sebastián Piñera, spoke about the law of term payment, which will impact SMEs in terms of working capital and investment, "ending abusive arrears to these companies, setting maximum payment terms to 60 days." The...

IDB Invest, the private sector arm of the Inter-American Development Bank (IDB) Group, recently disbursed a four-year loan of US$10 million to Factotal SA, a Chile-based provider of factoring, leasing and vendor-finance services for SMEs. The deal,...

The battle that about 10 factoring companies have started against Forest Innovations (IF) controlled by the investment fund...

The factoring sector has slowed down in recent years, following the same trend experienced by...

The Chamber of Deputies of Chile entered a bill that modifies factoring rules for the benefit of...

New Chilean subsidiary of Cesce Spain to provide factoring credit insurance