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WFY’24: Factoring in China continued to grow in 2023

Factoring in China continued to grow (10 per cent increase - according to FCI - compared to 2022) in 2023, although likely at a slower pace than seen in 2022 (23 per cent increase versus 2021), stated Chris Wohlert, Business...

#Chris Wohlert#Wells Fargo Commercial Distribution Finance#WFY'24

Small Business Commissioner to launch new Fair Payment Code...

The Small Business Commissioner, with the support of the Department of Business and Trade, will be launching a new Fair…

#Fair Payment Code#Gareth Thomas#late payments


Reserve Bank of India takes action against four NBFC

The Reserve Bank of India has yesterday, in exercise of its powers under Section 45L(1)(b) of the Reserve Bank of…

#Pricing Policy#Regulated Entities#regulatory


EU and EBRD back ProCredit Bank in Moldova to...

Moldovan businesses are set to benefit from greater access to finance as the European Bank for Reconstruction and Development (EBRD),…

#EBRD#EU#EU4Business-EBRD Credit Line


Naomi Campion is appointed BDM to Time Finance’s invoice...

Time Finance is announcing the appointment of Naomi Campion as a Business Development Manager in its invoice finance team. Naomi…

#Adrian Payne#asset based lending#invoice finance


Finastra and LPBank partner for digital transformation

Finastra, a global provider of financial services software applications, has announced the implementation of its front-to-back treasury solution, Kondor, at…

#Finastra#Fortune Vietnam Joint Stock Commercial Bank#Ho Nam Tien


Helena Warne joins Bibby Financial Services to drive growth...

Bibby Financial Services (BFS) has appointed Helena Warne as Business Development Manager for Wales to grow its funding support for…

#Bibby Financial Services#Helena Warne#Lloyds Banking Group


BCR Webcasting: Federico Avellán Borgmeyer, Chief Partner Officer, efcom...

“Africa and India are going to be the new spots we are heading for,” Federico Avellán Borgmeyer, Chief Partner Officer…

#Efcom#factoring software#fintech


Travis Pocock joins SLR Business Credit as SVP

SLR Business Credit, and its parent company SLR Capital Partners, has announced the addition of Travis Pocock as Senior Vice…

#accounts receivable#asset based lending#factoring


HKMA announces enhancements to SME financing guarantee scheme

The Hong Kong Monetary Authority (HKMA) has revealed significant enhancements to the small and medium enterprises (SME) financing guarantee scheme.…

#HKMA#HKSAR#loan guarantee period


Lenvi comments on UK inflation announcement

Commenting on today UK inflation announcement, Richard Carter (pictured), CEO of Lenvi said: "Inflation unexpectedly falling to 1.7 per cent…

#Bank of England#inflation#lenders


Manx Financial comments on UK investment stagnation

Commenting on national investment stagnation despite inflation falling below 2 per cent for the first time in over three years,…

#Douglas Grant#inflation#investment stagnation

Instant Factoring expands its funding to €7.5m from AGC

Advance Global Capital Ltd (AGC) has announced the increase in its credit facility to Instant Factoring to €7.5m. This decision…

#Advance Global Capital#Cristian Ionescu#factoring

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