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Global

Recession could drive increase in insolvencies

As the coronavirus pandemic pushes the world economy into recession, global GDP is forecast to... (more…)

#insolvencies#recession

The final countdown for UK government support schemes

Businesses must act quickly or face missing out on limited BBLS and CBILS funding There’s no denying that 2020 has…

#CBILS


Union Systems launches Nigeria’s first multibank trade finance portal,...

Union Systems Limited, a leading financial technology company, announced the launch of ... (more…)

#bank#cloud#international


SEC looks into SCF programmes of blue-chip companies

The US Securities and Exchange Commission (SEC) is asking Coca-Cola, Boeing and... (more…)

#SEC


Dubai SME introduces smart dashboards to promote Government Procurement...

Dubai SME has introduced two smart dashboards to enable local start-ups... (more…)

#economy#Two


Atradius insolvency report forecasts 27% climb in UK business...

Insolvencies in the UK are forecast to jump by... (more…)

#Atradius


Euler Hermes to cut insurance coverage in Germany

Euler Hermes' explosive announcement: the commercial credit insurer wants to withdraw commercial... (more…)

#Commercial Credit#German Factoring Association#risk


GSCF activates US$450m receivables finance programme for aluminium producer

Global Supply Chain Finance Ltd. (GSCF) announces the activation of a US$450m... (more…)

#JP Morgan#JP Morgan


MIDF launches new financing scheme for SMEs to encourage...

Malaysian Industrial Development Finance Bhd (MIDF), through its... (more…)

#digitisation#international#International Trade


Celtic Capital provides US$3.2m line for receivables and inventory finance...

Celtic Capital finances a California-based distributor and fabricator of ... (more…)

#Celtic Capital


China-backed AIIB, World Bank provide finance to Turkey to...

The Beijing-backed Asian Infrastructure Investment Bank (AIIB) said Monday it would lend... (more…)

#Asian Infrastructure Investment Bank#World Bank


Dignari Capital provides US$50m to Sheng Ye Capital for...

Dignari Capital has agreed to provide US$50m to Sheng Ye (SY) Capital in... (more…)

#financial services#management#risk management

King Trade Capital provides US$6m PO finance facility to...

King Trade Capital provided purchase order (PO) financing to a California-based company... (more…)

#asset-based lender#COVID-19#PO

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