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Global

SMEs owed an average of £250k in late payments,...

New data from Time Finance has revealed the worsening challenge of late payment debt as it finds SMEs are owed on average quarter of a million pounds in outstanding invoices.In a recent survey, the alternative finance provider to UK SMEs,...

#invoice payment#outstanding invoices#Phil Chesham

World Trade Board launches plan to empower SMEs through...

The World Trade Board has today opened consultation on a major new framework to increase access to trade finance for…

#Michael Vrontamitis


Vemanti selects Finastra and Lendscape to address financial inclusion...

Vemanti has selected Finastra and Lendscape to help ... (more…)

#Finastra#Lendscape#SME bank


Ripple effects for the US economy after SVB failure...

The sudden demise of Silicon Valley Bank (SVB) is the largest bank failure since the great financial crash.The largest, but…

#Cryptocurrency#Signature Bank#Silicon Valley Bank


Cadence Business Finance names new Managing Directors

Cadence Business Finance, a subsidiary of Cadence Bank, has announced the addition of... (more…)

#Cadence Bank


What if it was not called Silicon Valley Bank?

The developments involving the stunning collapse of Silicon Valley Bank ... (more…)

#Signature Bank#Silicon Valley Bank


Technology and SMEs access to receivables finance in Italy

In 2022, the World Bank published a very comprehensive report on the developments in digital financial services and... (more…)

#ASSIFACT#Diego Tavecchia#TRF NEWS


New California disclosure rules reduce capital available to small...

In a poll conducted by a leading trade association, since new CA disclosure rules... (more…)

#Secured Finance Network


UK inflation’s rise will affect more SMEs to access...

Commenting on UK inflation's surprise rise as long-term liquidity concerns intensify for SMEs, Douglas Grant (pictured),  Group CEO at Manx…

#Douglas Grant#inflation#Manx Financial


EU Federation & FCI announces 2023 Factoring Summit

The 8th EU Federation (EUF) & FCI EU Factoring Summit will take place on 20-21 April 2023... (more…)

#Diego Tavecchia#Fausto Galmarini#Michael Menke


Afreximbank enhances financing facility for Fidelity Bank to US$180m...

African Export-Import Bank (Afreximbank) has announced the enhancement of the financing facility... (more…)

#Fidelity Bank


Standard Chartered launches digital working capital and lending capability...

Standard Chartered announced the global launch of the working capital and... (more…)

#Standard Chartered Bank#working capital finance

India’s credit insurance market welcomes new partnership

Origin, a major trade credit insurance broker in India, and AU Group – one of the world's leading independent brokers specialised…

#trade credit insurance

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