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France

Access to short term credit difficult for SMEs

Banks provide short term loans to SMEs in conjunction with factoring facilities. (more…)

#bank#banks#funding

Credit Agricole Leasing and Factoring announces new managerial appointment

Credit Agricole Leasing and Factoring appoints marketing director. (more…)

#banks#Credit Agricole#international


GE to provide EUR50m invoice financing for recovery of...

GE’s invoice finance facility forms a part of recovery plan for Kem One SAS, which is supported by government and…

#acquisition#investment#invoice


Study: Over half of businesses see payments deteriorating this...

Participants of the recent ARC and FIFG survey say they find it more difficult to recover receivables compared to a…

#late payment#management#payment delays


French factoring grows but not fast enough

Despite of the 8.6pc growth in Q3 2014, the French factoring market is unlikely to reach the rates of 2012.…

#bank#Factofrance#Natixis


French government to support factoring

Last week the Ministry of Economy and Finance launched a special month long mission dedicated to factoring development (more…)

#Factofrance#IGF#Natixis


Time runs out for financiers to choose between the...

A third of members of the Association of Financial Companies say they will opt for an independent specialised credit company…


Enforcing penalties for late payments for SMEs – “the...

Managing Director of GE Capital Patrice Coulon comments on the new Late Payments Directive. (more…)


Coface improves results despite crisis

In an economic downturn, particularly in the eurozone, Coface continued to increase its turnover, which totalled €1,571 million (+1.4%). Premiums…

#emerging markets#management#receivables


CAL & F appoint two Deputy Directors

Crédit Agricole Leasing Factoring has announced new managerial appointments.  (more…)

#information systems#leasing#Managerial Appointments


Factoring forms a part of Government action plan

Pierre Moscovici speaks in favour of factoring facilitation. (more…)

#bankruptcy#Paid#payment delays


French government releases EUR500 million for small and micro...

A new government guarantee scheme to enable over EUR500 million worth of cash to be provided to SMEs has been…

#bank#cash management#management

Minister unveils EUR500m guarantee scheme for SME cash loans

The French finance minister, Pierre Moscovici, has announced the launch of 'a new device [of] public guarantee' so that SMEs…

#bank#cash management#management

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