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Terry Banks, director of ESD Fisheries, pleaded guilty to fraud and theft over C$5,000 for factoring invoices to CIBC between 2000 and 2001. (more…)
#bank#CIBC#factoring fraud
Atradius Trade Credit Insurance has announced the worldwide availability of its services in partnership with ZANA Network. (more…)
#Atradius#insolvency#international
Ghana and her development partners are providing USD118m to support and promote the growth and development of MSME. (more…)
Research by the London Business School shows that despite the massive increase in the utilisation of receivables financing the use of…
#Atradius#invoice#management
The jury is out as to whether the pre budget report policy measure will strengthen or weaken the economy in…
#alternative funding#financial services#invoice
RAM Ratings has assigned a final rating to fixed-rate credit-linked notes to be issued by Cagamas SME Bhd. (more…)
Asian Development Bank is providing SMEs access to affordable credit to help the nation develop industries beyond the oil sector. (more…)
#ADB#bank#exports
A mid-term SME policy review from the EU Commission said that over the past two years SMEs have been the main driver of…
#European Commission#innovation#Jobs
GE has established a receivables Securitisation Lite program with European subsidiaries of Dana Corporation. (more…)
#business finance#commercial finance#receivables
International Finance Corporation will lend to the financial sector and will target at least 200 SMEs. (more…)
Mizrahi Tefahot Bank has begun setting up a factoring subsidiary. (more…)
Khula Enterprise Finance and Regent Factors have launched a R100m reverse factoring product to reduce cash flow problems faced by…
#accounts payable#bank#guarantees
Sterling National Bank has announced that Joseph Costanza has been named senior vice president of the ABL unit. (more…)