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Insolvencies are down, but Time Finance urges businesses to...

Recent figures from the ONS have revealed a 15 per cent drop in insolvencies in the last 12 months, with reports falling from 99,300 to 84,080. Whilst these stats reflect positivity, the report also points to an ongoing decline of business startups,...

#insolvencies#Time Finance

Fintech Novo secures $125m facility to launch working capital...

Novo, a Miami-based financial platform for small businesses has secured a US $125m finance facility from Victory Park Capital (VPC),…

#cash-flow#interest rates#small business


World Factoring Yearbook 2023 coming this week

BCR Publishing will be releasing the World Factoring Yearbook 2023 (WFY2023) this week. Featuring factoring statistics, market reviews and company directories from…

#World Factoring Yearbook


HSBC and Tradeshift in new joint venture for embedded...

HSBC and B2B fintech Tradeshift have today announced an agreement to launch a new, jointly-owned business focused on the development…

#embedded finance#Tradeshift


Contour adds Japan’s MUFG to its network

Contour, the leading digital trade finance network, announced today that the Singapore office of MUFG Bank (MUFG), Japan’s premier bank…

#Carl Wegner#Contour#digital


Japan’s Suruga Bank partners with OLTA to roll out...

OLTA, a Tokyo-based factor, has announced a new collaboration with Suruga Bank Co Ltd. to introduce "Suruga Cloud Factoring powered…

#OLTA#online factoring


EBRD and KredoBank broaden cooperation in Ukraine

The European Bank for Reconstruction and Development (EBRD) is supporting food security and other critical industries in wartime Ukraine with…

#credit risk#Francis Malige#KredoBank


MLETR: accelerating the digitisation of international trade

The financial services industry is in an exponential phase of digital transformation... (more…)

#digital transformation#Finastra#supply chain finance


LSQ provides US30m AR finance facility to pharma distributor...

LSQ, a leading provider of working capital financing and payments solutions, recently originated a US$30m accounts receivable (AR) credit facility for a…

#LSQ#receivables financing


Jan Ibey joins SLR Business Credit as Senior Vice...

SRL Business Credit has hired Jan Ibey as Senior Vice President of ABL Business Lending... (more…)

#asset manager#Vice president#working capital


Adani New Industries Limited raises US$394m trade finance from...

Adani New Industries Ltd has raised US$394m (INR 3,231 crore) working capital from ... (more…)

#Deutsche Bank


Triumph appoints Jason Heilig CTO of factoring division

Triumph, a member of the Triumph Financial, Inc. portfolio of brands and a leading provider of working capital financing solutions...…

#transportation factoring#Triumph#Triumph Financial

Digital bank maib launches online domestic factoring in Moldova

In order to support business development in the Republic of Moldova, maib ... (more…)

#digital factoring

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