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Global

ByteDance to enter the finance sector via factoring subsidiary

TikTok’s parent ByteDance has established a factoring service which will offer financing... (more…)

#Boost#guarantees#Upstream

Abu Dhabi starts US$1.6bn SCF initiative for SMEs

The Abu Dhabi Department of Finance (DoF) Sunday announced a AED 6bn (US$1.6bn) supply chain financing... (more…)

#bank#receivables#smes


Arab Banking Corporation to acquire Blom Bank Egypt

Bahrain-based Arab Banking Corporation (Bank ABC), a leading financial institution in the Middle East, said that it has entered into…

#bank#international#management


Conister reports record lending

Conister Finance & Leasing Limited (Conister), part of Manx Financial Group PLC, today announces ... (more…)

#Conister


The future is human (Part 4)

The next myth that their research discovered is one that I... (more…)

#Mark Mandula


The UK alternative lenders accredited for CBILS

A number of alternative lenders have been accredited under the coronavirus business interruption loan... (more…)

#CBILS


Accord Financial expands relationship with Fincura

Fincura expanded its relationship with Accord Financial, a North American independent finance company... (more…)

#Accord Financial


New US bankruptcy law reduces Chapter 11 fees

The “Bankruptcy Administration Improvement Act of 2020” was signed into law... (more…)

#bankruptcy#COVID-19#DEC


Trade credit insurance helps businesses to avoid late payments

The economic toll of the COVID-19 pandemic is incalculable. The World Bank estimates... (more…)

#trade credit insurance


India central bank’s latest stress tests ring alarm bells...

Investor aversion and strained government finances could complicate the... (more…)

#banks


Drip Capital crosses US$1bn milestone in trade financing for...

Indian SMEs financier Drip Capital has crossed the ... (more…)

#Drip Capital


Government-backed lending increases

On 21st August 2020, Manx Financial Group PLC, the financial services group which... (more…)

#Conister#Conister Bank

Porter Capital to offer receivables financing and ABL for businesses...

Porter Capital announced it will provide additional funding to businesses in need of more than... (more…)

#Porter Capital#receivables financing

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