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Indian exporters with exposure to Spain, Portugal, Ireland, Italy and Greece (SPIIG) will now have to take larger risk cover from the Export Credit Guarantee Corporation (ECGC) of India on the back of the looming debt crisis in the European...
#exporters#exports#guarantee
The European Investment Bank (EIB) has signed a 200 million euros agreement with Bankinter to finance SME investment. (more…)
FIMBank, the Malta-based trade finance specialist, has recently hosted a meeting with the CEOs of all its international factoring joint…
#cash management#emerging markets#international
A GBP10 million asset-based lending (ABL) facility provided by RBS Invoice Finance has enabled Manfield Partners, a London-based investment and advisory…
The government of Zimbabwe has begun negotiations with the Nairobi-based African Trade Insurance Agency (AITA), to establish a USD25 million…
#exporters#exports#international
As the New Year begins, members of the Factorscan Editorial Board in Canada, Spain, Singapore, and the UK share their…
Texas-based Advance Business Capital (ABC), a for-hire transportation factoring company, has formed a strategic alliance with Triumph Savings Bank that…
#bank#commercial finance#management
Comet, the electricals retailer, is set to meet with trade credit insurers next week to try and determine whether they…
#funding#insolvency#trade
China Merchants Bank (CMB) and CITIC Bank plan to raise 20 billion yuan and 30 billion yuan respectively through the…
The German investment and development company, DEG, has extended a loan of USD 20 million to Eastern Bank Limited (EBL)…
#bank#investment#liquidity
Global reinsurer, Munich Re, is offering to insure solar park operators against the risk of their suppliers going bankrupt, as…
Turkish automotive finance specialist, Volkswagen Dogus Finance (VDF), has appointed Muge Tuna as Director of its factoring service. (more…)
#bank#commercial finance#financial services
Cambridgeshire-based business Wellgrain, a privately owned trader of combinable crops, has secured a GBP 12 million asset-based lending (ABL) funding…
#funding#invoice#receivables