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Contact Factoring, a subsidiary of Contact Financial Holding, intends to grow the size of its factoring portfolio to EGP 1bn (US$63.7m) in 2022. The size of the current portfolio reached EGP 250m (US$15.9m).As Hany Omar, Managing Director of Contact Factoring,...
#3M#interest#smes
Surecomp® today announced that it is partnering with the Global Legal Entity Identifier Foundation (GLEIF) - the Swiss-based organisation which…
#banks#cloud#global trade
“We're seeing that more clients are looking for solutions, not only from a liquidity point of view, but also services……
#Banco Santander#bank#international
Satago, the cash management platform that provides automated credit control, risk management and invoice finance to SMEs and accountants, today…
#bank#invoice#Lloyds Bank
The Russia-Ukraine conflict has triggered turmoil in the financial markets, and drastically increased uncertainty about the recovery of the global…
#bank#exports#management
Crestmark, the Commercial Finance division of MetaBank®, N.A., has announced the addition of Warren Powell to the working capital business…
#working capital
On 4-5 April 2022, FCI & EU Federation for Factoring and Commercial Finance will be hosting the... (more…)
#commercial finance#EU Federation#regulation
“Brands that put the customer at the centre of propositions through the intelligent use of data and technology will gain…
#business finance#fintechs#smes
Standard Chartered leads international bank syndicate in green trade finance facility syndicate including Nordea, ING and Citi to support Polestar’s…
#bank#ING#international
As readers of TRF News are likely to be aware of, factoring in the EU and the UK accounts for…
#digital#Mark Mandula#receivables
Accelerated Payments, an invoice financing platform, has appointed Neil McMillan as Head of North America. McMillan will be based in…
#Accelerated Payments#banks#Ian Duffy
When the WHO (World Health Organization) declared a global pandemic in March 2020, the Portuguese government and local authorities took…
#Vitor Graça#World Factoring Yearbook
CIT, a division of First Citizens Bank, has announced the reorganization of its commercial services factoring business to position it…
#bank#CIT#CIT Commercial Services