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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 proposal, very...
#payment terms
IDB Invest, the private sector arm of the Inter-American Development Bank (IDB) Group, recently disbursed a four-year loan of US$10…
#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