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Instant Factoring to expand support for Romanian micro and...

The European Investment Fund (EIF) signed a RON 5m (€1m) subordinated loan agreement with Romania-based fintech Instant Factoring IFN to help it expand lending to small businesses in the country.Instant Factoring is a non-bank financial institution and fintech factoring platform that...

#EIF#European Investment Fund

City Bank Bangladesh acquires US$30m loan from OPEC Fund...

City Bank recently signed a US$30m loan agreement with OPEC Fund for International Development (the OPEC Fund) to support international trade…

#bank#international#International Trade


AI and its use in receivables finance industry (Part...

Continuation from Part 3We have already uncovered three of the most widely used and important case uses of Ai and…

#Mark Mandula


IFC partners with Li & Fung and LFX to...

​To help increase access to affordable supply chain finance for smaller enterprises in Asia and integrate greater digitalisation in supply-chain…

#supply chain finance


Credit Acceptance Corporation announces completion of US$550m ABF deal 

Credit Acceptance Corporation (CACC) has announced the completion of a US$550m non-recourse secured asset-backed financing (ABF). In accordance to this…

#interest#interest rate#Trust


Fortress Factoring plans expanding in Europe

Vilnius-based Fortress Factoring, a tech startup providing factoring and supply chain finance to SMEs, has announced its plans to expand…

#supply chain finance


Citi Commercial Bank launches in Japan

Citi has announced the launch of Citi Commercial Bank (CCB) in Japan. This launch is part of the Citi’s strategy to…

#working capital finance


Marco delivers US$20m factoring facility for US exporter

Fintech company Marco has provided US$20m factoring facility to a NY-based exporter. This facility underlines Marco’s commitment to supporting the…

#fintech#innovation#smes


Bibby Financial Services comments on Bank of England interes...

Following the release of the Bank of England interest rate today Michael McGowan, Managing Director, Foreign Exchange, Bibby Financial Services,…

#Bank of England#interest rate#working capital


Atradius comments on UK political parties’ key business-related pledges

The Conservatives, Labour and Liberal Democrats have all made promises to tackle the late payments crisis harming businesses.Labour says it…

#Atradius#insolvency


Generalfinance acquires 96% of Workinvoice

Generalfinance S.p.A. (Generalfinance) a company listed on Euronext STAR Milan and a financial intermediary specialised in factoring to SMEs, announces…

#Generalfinance


CODIX strengthens security standards with ISO 27001:2022 certification

CODIX has announced its latest achievement of ISO 27001:2022 certification. This new certification reinforces that security remains a cornerstone of…

#CODIX#commercial finance#data protection

LSQ creates US$3m AR facility for Florida-based internet service...

LSQ, a leading provider of working capital and payments management solutions, recently originated a US$3m accounts receivable (AR) finance facility for…

#working capital

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