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.
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).
Factors Chain International (FCI) has named Peter Mulroy successor to Jeroen Kohnstamm as its future Secretary General.
Factors Chain International s (FCI) two-factor volume of cross-border business grew in 2012 with 36 per cent to EUR 23 billion, following a 19 per cent increase in 2011.