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Global

Surecomp receives 2012 SWIFTReady Trade Finance Accreditation

DOKA 5 , has been awarded the SWIFTReady Trade Finance application label for the 12th consecutive year. (more…)

#banks#compliance#global trade

UK Export Finance resumes short-term cover for Burma

UK Export Finance is resuming its short-term cover for British exports to Burma for the first time in over 20…

#export finance#exporters#exports


Bank Payment Obligations: a new means of settlement in...

  Factorscan takes a close look at the collaboration between SWIFT and the ICC to bring about the Bank Payment Obligation…

#bank#international#International Trade


Factoring fraudster gets lighter sentence due to “underlying objective”

Man who issued fictitious invoices worth 1.6 million euros has his jail time reduced by half. (more…)

#bank#cash-flow#insolvency


Analysts expect slower factoring revenue growth

UK Factor s revenue will grow at a slower and steadier pace from year to year over the five years…

#banks#commercial finance#crisis


‘Signed, sealed and lost in the post’

The most common excuses used by businesses for late payments relate to lost in the post cheques or invoices, new…

#business finance#invoice#late payment


Ultimate Finance to fund future sales

A subsidiary of Bristol-based Ultimate Finance has launched a new cash flow finance business. (more…)


Businesses beware of quick fix finance

Businesses who stick their heads in the sand by opting for credit cards and overdrafts report slower rates of turnover.…

#bank#cash-flow#financial services


PrimeRevenue: 8.5 thousand suppliers on-boarded

PrimeRevenue announces a record 8,500 Suppliers on its SCF Platform. (more…)


Ecuador Chamber of Commerce to provide factoring

Chamber of Commerce of Quito has launched a Cash Plan for its members. (more…)


Constructor to receive factoring as part of EUR105 structured...

A pool of financiers is to provide EUR105 structured finance to Great Works Fincosit SpA. (more…)

#funding#receivables#receivables financing


Sidbi to create receivables finance arm

The Small Industries Development Bank of India is planning to extend its bill discounting service. (more…)

#bank#guarantee#MSME

EIB provides EUR 100m loan to MBDP for SMEs...

The European Investment Bank (EIB) and the Macedonian Bank for Development Promotion (MBDP) have agreed a EUR 100 million loan…

#bank#financial institution#interest rates

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