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Factoring and credit insurance – strategic fit?

Igor Zaks President Tenzor Ltd talks about how factors and credit insurers can develop a strategic fit to address multiple areas, including international expansion, reducing recourse requirements, and improving funding structures in his article for the World Factoring Yearbook 2022.Credit...

#Greensill#Igor Zaks#Russia-Ukraine war

Malaysia’s Funding Societies launches SME financing platform

Funding Societies, the largest small and medium-sized enterprises (SME) digital financing platform in Malaysia and Southeast Asia, announced Monday its…

#Chai Kien Poon#Funding Societies


Accelerated Payments appoints Dermot Nutley as COO

SME funding provider Accelerated Payments has announced another strategic appointment with Dermot Nutley stepping into the role of Chief Operating…

#Accelerated Payments#Corporate appointments


Higher industrial output helps drive 33% increase in Polish...

In the first six months of 2022 the Polish factoring market grew 33 per cent year-on-year according to the Polish…

#poland#Polish Factors Association


European Commission quadruples Polish Scheme budget for state factoring...

The European Commission has approved modifications, including a budget increase of €5.1bn to an existing Polish scheme to support companies…

#European Commission


Egypt’s Contact factoring provides £5.3m to food supplier

Contact Factoring, a Subsidiary of Contact Financial Holding one of the leading non-banking financial services company in Egypt, signed a…

#supply chain finance#working capital


First five lenders to join new Recovery Loan Scheme

The British Business Bank has announced it accredited a first batch of five lenders under the new iteration of the…

#NatWest#Recovery Loan Scheme#RLS


India’s U Gro expands its lending reach with Yubi...

U Gro Capital in Mumbai, which provides loans to India’s MSME sector, has agreed a partnership with Yubi, a fintech…

#debt financing#MSME#supply chain finance


Sicilian catering company’s London securitisation surprises Italy’s SMEs

Agora Catering in Palermo, Sicily, is set to become the first Italian SME to securitise its receivables. It is doing…

#receivables securitisation


America’s B2B payments market boosted by Paystand’s Yaydoo acquisition

The B2B payments markets of America, especially Latin America, are sure to benefit from the acquisition of Yaydoo by Paystand.…

#accounts receivables finance#B2B payments#blockchain


Sonovate and Demica partnership signals huge growth in flexible...

The current economic climate is leading to a surge in demand for flexible lending, which is highlighted by the recently…

#securitisation#Sonovate#supply chain finance


Etihad Credit to support SME exporters

Etihad Credit Insurance has struck a partnership with Hamriyah Free Zone Authority and Sharjah Airport International Free Zone Authority to…

#Etihad Credit Insurance#export finance#exporters

India’s YES BANK partners with IBSFINtech to digitalize corporate...

YES BANK and IBSFINtech, a TreasuryTech Solution provider, have teamed up to explore untapped opportunities emerging out of digitization of…

#corporate finance#digitalization#supply chain finance

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