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Essar Oil UK secures $150m in receivables financing

Essar Oil UK, the company that operates the Stanlow refinery at Ellesmere Port, has agreed a deal worth $150m.The company has completed the financing of a $150m receivables portfolio with Hamburg Commercial Bank AG (HCOB) and Mizrahi Tefahot Bank Ltd...

#working capital

British International Investment partners with Access Bank Plc to...

British International Investment (BII), the UK’s Development Finance Institution (DFI) and impact investor, has announced a US$60m trade finance facility for…

#Access Bank#British International Investment#supply chain finance


Time Finance announces Wayne Spratt as newest addition to...

Time Finance is welcoming Wayne Spratt (pictured) as a Business Development Manager in its invoice finance team.Wayne joins the leading alternative…

#Business Development Manager#Time Finance


Metro Bank enlarge invoice finance team with two appointments

Metro Bank has made two appointments to its growing invoice finance business. Vicky Jones-Ayre joins as a Relationship Manager for…

#Metro Bank


IFC provides $3.5bn credit insurance facility to 13 global...

International Finance Corporation (IFC), a global development institution focused on the private sector in emerging markets, has signed a $3.5bn…

#Allianz Trade#credit risk#Liberty Specialty Markets


Finacity upsizes receivables securitisation programme for Swissport

Finacity Corporation (“Finacity”), a White Oak Global Advisors Company, has successfully closed an upsize and expansion of its existing $75m…

#receivables securitisation#Swissport


France’s factoring market growing more slowly in 2023

France’s factoring market grew more slowly in the first half of 2023 than in the first half of 2022. Even…

#international factoring


MonetaGo’s Secure Financing integrates with Teselate’s hive.t

Financial technology solutions provider MonetaGo has announced a new partnership with financial services digital transformation firm Tesselate. MonetaGo’s Secure Financing…

#digitalisation#digitisation#financial services


Belarus government admits problems with unpaid receivables

The government and the National Bank must solve the problem of receivables, especially for Belarusian potash fertilizers (fertilizer potassium), Belarusian…

#payment delays#receivables


UK fintech Apron raises $15m to innovate invoice processing...

Apron, an intuitive fintech platform that slashes the time small businesses spend processing invoices, has raised $15m in Series A…

#invoice management


BCR Webcasting: Tim Armstrong, Silver Birch Finance

“AI’s potential in data cleansing is huge,” Tim Armstrong, Head of Receivables Financing & Data Science, Silver Birch FinanceIn the…

#AI


Quadient and Coface partner to offer advanced risk management...

Quadient, a leader in helping businesses create meaningful customer connections through digital and physical channels, and Coface, a globally renowned…

#credit risk management#Quadient#risk management

CargoX and Enigio develop interoperable eBL platforms

CargoX, a leading innovator in digital trade solutions, has joined forces with Enigio, a pioneer in electronic document management, to…

#C4DTI#CargoX#digitalisation

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