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UniCredit SpA and Sanlorenzo sign €20m SCF line

A credit line from UniCredit Factoring of a total of €20m for Sanlorenzo and the subsidiary Bluegame to finance supplier working capital by advancing trade receivables. UniCredit and Sanlorenzo, a leading company in the production of luxury yachts and superyachts founded in...

#Sanlorenzo#Unicredit

Pacific Western Bank names new SVP, business development officer...

...joined Pacific Western Bank‘s asset-based lending team in Denver... (more…)

#bank#business finance#Celtic Capital


British Arab Commercial Bank appoints new Chief Executive...

British Arab Commercial Bank (BACB) announces the appointment of... (more…)

#BACB#British Arab Commercial Bank


Vietnam postpones mandatory e-invoice implementation

Vietnam has postponed the implementation of electronic invoices until... (more…)

#compliance#e-invoices#invoice


Lithuania approves Centre of Excellence in anti-money laundering

The Lithuanian government has approved the establishment of the... (more…)

#AML/CTF#anti-money laundering#bank


Leumi UK appoints new CEO

Multi-specialist bank Leumi UK has announced the appointment of ... (more…)

#Leumi


Demica selected to power BBVA global SCF solution

Today, Demica, one of the world’s largest working capital fintechs, announced that... (more…)

#BBVA


Aceo secures £15m ABL deal for expansion

Aceo, a supplier of cask and bottled whisky, has secured a £15m asset based lending... (more…)

#funding#international#working capital


White Oak Commercial Finance provides US$20m receivables financing to...

White Oak Commercial Finance announced it provided a US$20m receivables financing... (more…)

#White Oak Commercial Finance


Brexit uncertainty creates increase in trade fraud

As Brexit’s final transition date edges closer... (more…)

#trade fraud


RootAnt partners with R3 to launch Corda blockchain multi-tier...

RootAnt, a digital and open banking fintech firm that provides embedded supply chain finance solutions in... (more…)

#Corda#R3#RootAnt


Italian fintech to launch invoice advance integrated in the...

The Italian fintech...together with the software house... (more…)

#invoice#management#receivables

FCI named ‘Best Trade Finance Innovator Global 2020’ by...

The CFI.co judges have conferred on FCI the 2020 award for... (more…)

#exporters#international#International Trade

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