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Colombian party proposes that state buy invoices from companies

The Colombian Centro Democratico party proposed to the president Iván Duque that the state buy bills from the SMEs, which would provide them with liquidity to overcome the crisis caused by the coronavirus. In a letter, the congressmen asked the...

#bank#Coronavirus#guarantee

Covid-19 crisis calls for an agile approach for accounts...

The Covid-19 crisis has caused ripple effects across all organisational operations – and ... (more…)

#accounts payable


How banks can guide fintechs through economic downturn

From competitors to collaborators, the fintech boom introduced a... (more…)

#bank#financial services#fintechs


Half of Coronavirus Business Interruption Loans now approved

We have previously reported on the lack of applications being accepted under... (more…)

#bank#financial services#invoice


‘Factoring is more flexible financing compared to bank loan’

Due to the economic impacts of the corona virus, companies in Netherlands are looking for funding. It is now more important than ever…

#alternative financing#bank#bank loan


Sura Asset Management cooperates with Exponential Confirming to support...

Sura Asset Management and Exponential Confirming announces that they are offering a special funding line... (more…)

#Exponential Confirming


IRDAI proposing modification in trade credit insurance

Insurance regulator IRDAI is proposing to modify the Trade Credit Insurance (TCI) guidelines to... (more…)

#trade credit insurance


Velotrade selects Dun & Bradstreet’s data and analytics tools

Velotrade, a web-based invoice financing service provider, has turned to ... (more…)

#Velotrade


Close Brothers’ invoice finance records lower utilisation levels due...

A strong performance in Close Brothers Group’s securities division partially offset the impact of the... (more…)

#Coronavirus#IFRS 9#invoice


IAIFA publishes 2019 receivables finance results

The seven banks and non-bank lenders that provide 'invoice finance' in Ireland expect demand to grow as firms reopen after…

#bank#commercial finance#interest rates


Sports nutrition business announces new £8m invoice finance facility

Science in Sport, the AIM-listed sports nutrition group, has secured a new... (more…)

#bank#Coronavirus#COVID-19


Equity Bank launches system to drive trade finance in...

Equity has invested in a new trade finance system that is aimed at improving turn-around time and... (more…)

#bank#guarantees#International Trade

Dubai SME allocates AED 20m to guarantee capital for...

Dubai SME, the agency of Dubai Economy mandated to develop the small and medium enterprise... (more…)

#COVID-19

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