France

BNP Paribas Factor and FCF officially merge

Fortis Commercial Finance (FCF) France and BNP Paribas Factor officially merged this week to form a single entity under the name BNP Paribas Factor.

La Banque Postale to launch factoring

La Banque Postale says it would prepare factoring offer by the end of the current year.

French factoring market slows down

French factoring growth in H12012 is down by more then a half.

Corporate failure rate down – but not for SMEs

Despite corporate failures in general being down to pre-crisis levels, insolvencies in the SME sector remain high.

Natixis Factor fights back Doux’s accusations

Natixis justifies blocking EUR10 million Doux factoring funding.

Doux fails to secure funding from Natixis Factor

After facing complications obtaining a GBP35 million credit line from banks, Doux also failed to secure EUR10 million facility from factors.

First factoring IPhone application launched

GE Capital launches iFactonet, the first factoring application for iPhone.

The AR Factor - the impact of receivables finance on the French economy

In the second of a series of five articles BCR Factorscan publishes extracts from GE Capital's the AR Factor, in this case for the French economy.

These extracts highlight the forecast growth of GDP and employment depending on whether receivables finance remains at the same level of uptake or increases penetration whilst also considering what would happen if the contribution of receivables finance to the economy was removed.

Reverse factoring has bright future

Reverse factoring grew 30 per cent in 2011, says Mazars.

French factoring posts 13.9 per cent growth

Although the growth rate of the factoring market was slower in 2011, the industry managed to show a double digit growth, according to the French Association of Financial Companies.