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New factoring agreement for XchangeTel

The 90% factoring plan will allow XchangeTel to trade with larger, tier 1 carriers such as AT&T without needing large amounts of cash to fund vendors (more…)

Wells Fargo HSBC Trade Bank funds projects in Panama...

Wells Fargo HSBC Trade Bank has loaned US$28m to two US companies that are producing environmental benefits in Panama and India.…


Results of the Aberdeen Group Working Capital Optimization Report

Aberdeen surveyed 400 supply chain and finance professionals for this study. Sixty-five percent of respondents indicated that working capital optimization…

#international#management#supply chain finance


Platinum Funding provides US$12m factoring facility

Platinum Funding Group has signed a US$12m accounts receivable factoring facility with Pingho Associates Corporation. (more…)


ICICI Bank, IBM, IFC launch SME toolkit

ICICI Bank, IBM and IFC have launched an online resource centre, to help SME's start, finance and grow their businesses. (more…)


BoB opens second branch in South Africa

Bank of Baroda has opened its second branch in Johannesburg, South Africa. (more…)

#bank#SME financing#trade


HSBC SME business up 20% over 3 years

Banks are seeking a greater share of the SME banking business. (more…)


Atradius Trade Credit Insurance now available to SMEs

Atradius Trade Credit Insurance is now providing trade credit insurance to SME companies with US$2m-15m in annual revenue. (more…)


Euler Hermes UK appoints new director of risk

Mark Wyatt has been appointed as Director of Risk for Euler Hermes UK plc following (more…)

#i#management#political risk


De Lage Landen selects Porthus for OnDemand B2B

De Lage Landen has selected the Porthus.net Trading Hub Managed Service to integrate their B2B IT environment. (more…)


SBI launches securitisation of carbon credit receivables

State Bank of India has signed an accord to provide one-stop solutions to industries for clean development mechanism projects (more…)

#bank#guarantees#international


Komercni banka net profit grows to Kc5.29bn in H1

The volume of factoring claims of the firm Factoring KB grew by 17% to Kc2.9bn. (more…)

The characteristics of successful US factoring firms, Part I

This is the next in a series of articles to assist you in winning business and loyal clients. Mark Mandula,…

#business finance#commercial finance#financial services

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