BHP to provide alternative financing to SMEs

BHP Markets has announced the formation of BHP Finance Inc., an alternative finance company, which will focus on providing cash flow funding solutions to small and medium sized businesses in North America and Asia through various specialised products such as accounts receivables funding, trade finance, and purchase order finance.

Report: SMEs need innovative funding

Small and medium-sized enterprise (SME) financing is one of the three most significant opportunities for financial services firms in emerging markets, according to a report prepared by the World Economic Forum (WEF) in collaboration with The Boston Consulting Group (BCG).

Correction Notice

On 17 December Factorscan published a news item about Tam Faktoring.