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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, which is the...
#bank#financial institution#guarantees
The battle that about 10 factoring companies have started against Forest Innovations (IF) controlled by the investment fund... (more…)
#3M#investment#Paid
The factoring sector has slowed down in recent years, following the same trend experienced by... (more…)
#electronic invoice#invoice#payment terms
The Chamber of Deputies of Chile entered a bill that modifies factoring rules for the benefit of... (more…)
#banks#financial institutions#interest rate
New Chilean subsidiary of Cesce Spain to provide factoring credit insurance (more…)
#bank#CESCE#financial institutions
Chilean factoring company publishes results for first three quarters of 2014 (more…)
#security
Established Chilean factor will be rebranded as LATAM Factors in the coming weeks (more…)
#acquisition#international#non-recourse factoring
Secured funds can be extended by factoring companies and other financial institutions (more…)
#bank#banks#guarantee
Chilean firm ILC agrees to take 50.1 per cent control of the bank (more…)
#bank#insurance#international
Bank will introduce Clear2Pay's Open Payment Framework (more…)
#bank#cash management#innovation
Chilean Association of Factoring names new president. (more…)
#liquidity#smes#training
NPPA Presidents’ Council approves loan to pay factoring debt. (more…)
#bank#bank loan#guarantees
The E-bill moves to the upper chamber of Parliament for discussion. (more…)