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Global

Sears: A reflection of the retail market?

Factorscan recently reported that CIT were withdrawing their funding of the large U.S. retailer, Sears. We asked Mark Mandula of United Capital Funding, if this withdrawal reflected an increase in retail risk perceived by factors. (more…)

#cash-flow#CIT#liquidity

Brasilfactor and Kazakhstan Factoring join IFG

The International Factors Group (IFG), an association for factoring companies, has announced that Brasilfactors SA, a joint venture business incorporated…


FCI: Cross border factoring increased by 20 per cent...

Factors Chain International (FCI), the global network of factoring companies, has reported that there was a 20 per cent rise…


Czech factoring grows 14 per cent in 2011

Tweet Follow @BCRpublishing The Czech Association of Factoring Companies has released their 2011 factoring market results. Czech factoring companies funded receivables…

#bank#financial services#management


Halkbank to commence factoring

Halkbank, (Peoples Banks) has announced it will establish a factoring company with a capital of TRY 20 million. (more…)


Independent factors become victims of financial crisis

Chilean banks are transposing their liquidity problems to non-bank factoring providers via higher financing rates, according to reports from South…

#bank#guarantees#liquidity


Religare Finvest looks into offering domestic factoring

Religare Finvest Ltd (RFL), a subsidiary of Religare Enterprises, is interested in entering the factoring business, according to its CEO.…


PrimeRevenue adds new executive to European SCF operations

PrimeRevenue Inc., the SaaS platform for global supply chain finance (SCF), has appointed Oliver Belin as business development executive for…

#emerging markets#SaaS#supply chain finance


PSB remains international factoring leader in Russian market

Promsvyazbank (PSB) consolidated its position as international factoring leader in the Russian market in the second half of 2011, according…


Santander UK becomes FCI member

The Factors Chain International (FCI) Executive Committee has granted FCI memberships to two more financial institutions. (more…)


Ex-Im Bank approves USD6bn in SME export financing during...

Ex-Im Bank, the official export credit agency of the United States, has marked the first anniversary since the commencement of…

#bank#exporters#Jobs


Euler Hermes decides against extending cover to UK retail...

Euler Hermes, the global trade credit insurance company, has decided not to extend levels of cover to the UK retail…

New website helps SMEs search for alternative funding

RSM Tenon, a professional service firm, has launched a new website, findingfinance.co.uk, designed to provide free independent funding advice to…

#alternative funding#invoice#small business

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