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8990 to sell P10B worth of receivables

Housing developer 8990 Holdings, Inc. is expecting to have P10bn worth of receivables, in the form of contracts-to-sell (CTS), available for sale or securitization this year (more…)

#banks#receivables#Two

TAB Bank appoint new president

TAB Bank – which provides working capital solutions to commercial businesses, including accounts receivable financing – has announced the appointment…

#bank#commercial finance#leadership


VTB Bank in factoring discussions with Embassy of the...

In January, the Embassy of the Republic of Belarus and VTB Bank held a meeting on the use of factoring…

#bank#exporters#exports


Crestmark’s successful January

Crestmark – which specializes in asset-based lending, accounts receivable financing and factoring – has reported securing a total of USD10.7m…

#working capital


Polish factoring turnover increases

Factors from the Polish Factors Association (PFA) reported at the end of 2015, a total turnover of ZL134.33bn. Compared to…

#crisis#Executive Committee#non-recourse factoring


Aldermore’s new hire

Aldermore has appointed Brian Warbrick to its newly established Dealer Services team. The team, which provides financing to dealers, comprises…

#Aldermore#bank#invoice


Skuchain developing blockchain solutions

Skuchain, a Mountain View-based startup, reports that it is developing blockchain solutions for B2B trade finance and supply chain finance.…

#blockchain#conference#international


Afreximbank and FCI+IFG co-organise factoring promotion conference

African businesses should capitalize on the advantages offered by factoring as an alternative trade finance instrument in order to trade…

#bank#conference#exporters


DS-Concept USA appoints new West Coast Vice President of...

DS-Concept USA, a provider of international trade finance to the small and mid-market, has appointed Charles Doc Lundberg as Vice…

#International Trade#management#PO


TradeRocket strikes USD2bn SCF pact with Hitachi Capital

TradeRocket, a FinTech company, has entered into an agreement with Hitachi Capital America Corp. to provide working capital to the…

#invoice#liquidity#risk


Communication key in supply chain management digitization

Further communication between banks and corporates needed to fuel digitization in supply chain management (more…)

#CODIX#Commerzbank#essDOCS


Suppliers’ needs paramount for SCF platform providers

Supply chain finance platform providers must shift technology towards the needs of the supplier, a panel at BCR’s Supply Chain…

#platforms#receivables#SCF platform

Invoice finance pivotal in SME funding

According to new research from the Asset Based Finance Association (the ABFA), asset-based finance supports 15 per cent of all…

#bank#invoice#smes

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