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Factoring Volume is up by 127 % in the...

Factoring industry grew by 127% and turnover reached USD 22.8 billion in the first half of 2010. (more…)

#credit protection#debt collection#management

Ex-Im bank approves first transaction under Supply Chain Finance...

The Export-Import Bank of the United States (US Ex-Im Bank) this week approved the first transaction under its new Supply-Chain…


IFD figures reveal increase in factoring and discounting turnover

The latest figures released by the Institute of Factors and Discounters (IFD) reveal total factoring and discounting turnover for the…


Citigroup expands its supplier finance program

A division of Citigroup Inc. announced Wednesday its partnership with the U.S. Export-Import Bank to expand Citigroup's supplier finance program.…


The financial strength of the automotive industry saw a...

The rate of business insolvencies for the automotive industry fell from 0.14 per cent in July 2009 to 0.10 per…

#insolvencies#insolvency#late payment


EBRD grants US $ 50 million to support Georgian...

According to EBRD, the bank increases the availability of financing to Georgia’s real economy. It has recently granted US $50…


Business is floating: Standard Chartered provides cash management service...

Standard Chartered and Oasis Travel, signed an agreement for Small and Medium Enterprises (SME) Cash Management services. (more…)

#banks#cash management#management


Chinese SMEs suffer from insufficient funding

China Daily reports that despite generally optimistic business environment, Chinese SMEs are still suffering from the financial difficulties, according to…


New specialised bank to be opened for SMEs

Namibian government plans to establish a bank that will cater for small and medium enterprises (SMEs). The new bank is…

#bank#banks#smes


Shenzhen Development Bank upgrades its SCF service

Shenzhen Development Bank has announced that it has upgraded its supply chain finance (SCF) electronic platform N+1 e-commerce platform... (more…)

#bank#financial services#management


HONG Leong Finance – the latest lender to target...

HONG Leong Finance (HLF) has become the latest lender to target the fast-growing small and medium-sized enterprise (SME) sector. (more…)

#financial services#receivables#receivables financing


China City Commercial Credit Index to be introduced in...

This week Chinese government announced its plans to release China City Commercial Credit Index early in 2011. (more…)

Invoice financing grows as SMEs brace themselves for the...

Following the trend of declining public sector orders as many as 150 thousand country s small businesses may be facing…

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