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Peru’s factoring market expands by 40% in 2024

The Ministry of Production (Produce) in Peru has reported significant growth in financing for micro and small enterprises (MSEs) through the use of factoring in 2024.  This financial tool has proven to be a key mechanism for providing quick and...

#factoring#Produce

Italian factoring: strong performance despite challenges

Despite ongoing economic challenges, including weaker industrial production and falling prices, the Italian factoring market is on track for steady…

#ASSIFACT#factoring


Latvia: Cabinet approves e-invoicing framework under revised Accounting Law

The Latvian Cabinet of Ministers has approved amendments to the Accounting Law. These changes lay the groundwork for a phased…

#digitisation#e-invoices#legislation


EFG Hermes completes valU’s EGP 667.3M receivables securitised bond

EFG Hermes, a leading investment bank in the MENA region and a subsidiary of EFG Holding, has completed its 12th…

#receivables securitisation


WFY’24: Egypt sees increase of factoring volumes in 2023

Factoring volume in Egypt has been growing over the last few years since its introduction to the country’s financial market…

#Egypt Factors#factoring#Ghada Shams


EBRD and EU help MSMEs go green in Kosovo

The European Bank for Reconstruction and Development (EBRD) is scaling up green economy investments in Kosovo in cooperation with the…

#Anita Kovacic#EBRD#EU


EBRD partners with ProCredit Bank to boost MSME lending...

The European Bank for Reconstruction and Development (EBRD) is increasing access to finance for micro, small and medium-sized businesses (MSMEs)…

#EBRD#Ekaterina Solovova#Mirsad Haliti


AfDB grants Ecobank €5m trade finance transaction to support...

The African Development Bank (AfDB) Group’s Board of Directors has approved a €5m trade finance transaction guarantee facility for Ecobank…

#African Development Bank#Ecobank#Félix Landry Njoume


EBRD and International Bank of Azerbaijan partner to expand...

The European Bank for Reconstruction and Development (EBRD) has approved a trade finance limit of up to US$50m (€46.7m) for…

#EBRD#European Bank for Reconstruction and Development#green finance


AFS closes US$3.4m ABL facility

Austin Financial Services, Inc. (AFS) has announced the closing of a US$3.4m asset-based lending (ABL) facility comprised of an AR…

#asset based lending#Austin Financial Services


Paychex launches Paychex Funding Solutions to offer invoice factoring

Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, employee benefits, insurance services, and…

#Advance Partners#Alterna Capital Solutions#invoice factoring


Dojo partners with YouLend to expand financing to Spanish...

Dojo, a leading provider of payment technology, has joined forces with global embedded financing platform YouLend to introduce flexible, business-friendly…

#Ariam Rodríguez Pou#Dojo#embedded financing

IFA appoints NEXGEN Committee Co-Chairs and honors inaugural...

The International Factoring Association (IFA) today announced the appointments of Chad Eberly and Trishaala Ninan as NEXGEN Committee Co-Chairs, effective…

#Chad Eberly#Encore Funding#IFA

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