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If we have come to some consensus that the American economy is at best treading water, let’s turn our attention to the impact that a sickly economy might have on the domestic factoring industry for the rest of 2022 and...
#inflation#Mark Mandula#smes
Capify UK, the specialist SME lender, has this month launched a £40m fund for UK smaller businesses to help manage…
#Capify#inflation
Oman’s Sohar International bank has announced the launch of an online Unified Transaction Banking Platform for its Wholesale Banking Clients, which will…
#digital platform#digitalization#supply chain finance
Placing further financial strain on businesses will cause widespread damage to the UK economy, warns Time Finance, as the Bank…
#Ed Rimmer#inflation#interest rate
TradeSun, a leader in trade digitisation and increasingly a provider of technology for trade finance operations, has joined with Coriolis…
#Coriolis Technologies#digitisation#ESG
High inflation is the number one biggest challenge facing small and medium sized businesses (SMEs) in the next 12 months…
#Douglas Grant#inflation#interest rates
M1xchange in partnership with YES Bank and RBL Bank has announced that it has started testing the ‘Small-to-Small Factoring’ product…
#M1xchange#MSME#RBL Bank
Chennai-based debt marketplace Yubi has announced its latest partnership with U GRO Capital, a new generation Lending-as-a-Service (LaaS) business that…
#MSME#U GRO Capital#Yubi
Lloyds Bank has signed a five-year commercial agreement with Satago (majority owned by TruFin) to use Satago’s software platform for…
#Lloyds Bank
Santander UK has provided a multi-million-pound funding package to Malvern-based Lucart Hygiene to support its growth in the ‘away from…
#bank#Flexible Funding#invoice
Bahrein has enhanced its position in the Gulf as a centre for digital finance services, with the launch of a…
#supply chain finance
Turkey’s factoring market, which grew 34 per cent in 2021 to TL 200bn (£9.2bn), rose by 66 per cent in…
#Cagatay Baydar
Italy’s recourse factoring sector is set to benefit from a new loan guarantee scheme (LGS) that has been approved by…
#recourse factoring#supply chain finance