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Sonan Bunkers announced yesterday that HSBC UK has extended their support through a £50m global trade solutions funding package. This package includes a crucial £20m uplift in receivables finance, designed to unlock working capital and bolster the company growth initiatives....
#Andrew Noble#Graham Furse#HSBC
BCR is excited to announce that on July 30th, trfnews is rebranding to BCR News. The new website will feature an…
#accounts receivables finance#BNPL#embedded finance
TruFin has announced that Vicki Sloane is the new appointed Chief Executive Officer of Oxygen Finance (Oxygen). Vicki was previously…
#payment practices#trade#WHO
According to the latest data from FCI, the global factoring industry grew by 3.6 per cent in 2023. Roberto Gutiérrez…
#bank#financial services#smes
Commercial International Bank (CIB), Egypt’s leading private-sector bank, has announced that it has launched its new “Sustainable Finance Loan” targeting…
#bank#international#smes
The EU and Singapore concluded negotiations for a Digital Trade Agreement (DTA) on 25th of July 2024. This deal is the first EU…
#digital trade finance#electronic trade documents
MNT-Halan, Egypt’s largest non-bank financial institution and fintech, has acquired Tam Finans, a leading commercial finance company in Turkey with…
#aquasition#fintech
Bank of America has seen the adoption and use of its CashPro App for corporate payment approvals accelerate significantly over…
#API#bank#management
With the evolution of technology, the landscape of receivables financing has undergone significant transformation, emphasising the pivotal role of automation…
#invoice#platforms#receivables
Here is the next in my series on how AI and Gen AI are being utilised in the work force…
#Mark Mandula
Time Finance is announcing the launch of a new 12-month Fast Track Graduate Recruitment Programme, which will commence from mid…
#invoice#leadership#management
Aura, a fintech company specialised in invoice finance solutions for SME cash flow, has signed a Memorandum of Understanding (MOU)…
#guarantees#invoice#payment terms
Specialist asset-based lender Ultimate Finance reports it has secured £370m in wholesale funding for the next three years, a combination…
#asset-based lender#bank#Lloyds Bank