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Euler Hermes CEO defends credit insurers

The CEO of the UK's largest credit insurer has dismissed accusations that companies have been driven into administration by the withdrawal of cover from suppliers (more…)

#Atradius#credit risk#management

Smallers SMEs more effective at risk management

Smaller businesses are far more effective at managing risk, according to research from factoring and invoice discounting provider Close Invoice…


Factoring in Vietnam – World Factoring Yearbook

Nguyen Thi Hong Anh, Account Manager at the Commercial Joint Stock Bank for Foreign Trade of Vietnam, provides Factorscan with…


FCI admits six new members

Factors Chain International admits six new members to the network. (more…)

#bank#DBS#DBS Bank


Strong first quarter for Garanti

Garanti Factoring succeeded in increasing its first quarter earnings by 39%, with net profits reaching 2.5 million TL for 2009.…

#smes


Receivables Exchange recognised with web 'Oscar'

The Receivables Exchange, the world s first online marketplace for real-time trading of accounts receivable has been recognized as an…

#awards#digital#international


SMEs struggling with lack of credit

The Institute of Certified Public Accountants in Ireland has highlighted the extent of the difficulties facing newly established businesses stifled…

#bank#guarantees#interest rates


Alibaba to expand loan offering

Chinese e-commerce giant Alibaba.com, backed by eight of the country's largest banks, plans to help small domestic companies hit by the…


Cattles considering selling Cattles Invoice Finance

Troubled UK lender Cattles PLC is considering options for its factoring arm, Cattles Invoice Finance, following continuing troubles at the…


Factoring in turbulent times – challenges, opportunities, actions

Erik Timmermanns, Secretary General of International Factors Group (IFG), provides Factorscan with his views on how the international factoring community…


EBRD considering loan to Deniz and Garanti

The EBRD is considering providing EUR 20 million senior loans to each of Deniz Bank (DB) and Garanti Bank (GB)…


Demica survey – companies turning to supply chain finance

According to the latest research from London-based working capital solutions provider Demica, firms in the supply chain are unable to…

#alternative financing#invoice#management

Kvantum Faktor receives 80% state loan guarantee

The government will provide a state guarantee for 80% of the principal amount of a HUF 6 billion loan to…

#banks#guarantee#smes

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