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In 2023, 97 per cent of French companies have offered payment terms to their customers, with an average timeframe of 48 days.Despite this, 82 per cent of companies have recorded payments delays by their clients over the past 12 months....
#economic outlook#insolvencies#payment delays
Amidst rumours that the Government’s upcoming Autumn Statement will feature moderate measures to help SMEs, Ed Rimmer, CEO of alternative…
#Ed Rimmer#Time Finance
Factoring is a relatively new product for the Georgian market said Tamara Khizanishvili, Head of Trade Finance and Factoring Department, TBC Bank…
#World Factoring Yearbook
Time Finance has named Paul Hird (pictured) as Non-Executive Director. Paul, who currently holds a number of non-executive and board-level…
#asset based finance#Ed Rimmer#Leumi ABL
According to data from NFG, a Polish factor, up to 3/4 of sole proprietorships across the country may be trapped…
#bank#invoice#receivables
The Nordic tech companies Froda and Ageras have entered into a strategic partnership. Froda is one of Sweden’s fastest-growing fintechs…
#business finance
Commenting on the decision announced yesterday by Bank of England to keep unchanged the UK interest rates, Douglas Grant (pictured), Group CEO of…
#Douglas Grant#interest rates#Manx Financial Group
Hercules Site Services (Hercules) has secured a new invoice discounting facility of... (more…)
#funding#IGF#invoice
Capify, the specialist SME financier, is announcing today the launch of a new dedicated £45m loan fund for SMEs. The fund…
#Capify
According to the latest UK company insolvency statistics, insolvencies have risen by 10 per cent from a year ago, in the…
#insolvencies#interest rates#Jonathan Andrew
BCR announces dates for its second annual Trade and Investment Forum (TIF24), which will take place on 12 March in…
#investment in trade assets#TIF24
New data from small business lender iwoca reveals that while more than half of SME owners (55%) feel they have…
#AI#iwoca
Trade credit insurance payouts soared to their highest H1 level since 2018 in the first half of 2023, new figures…
#credit risk#trade credit insurance