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Late payments on the rise for UK SMEs

Despite Government attempts to enforce a code for prompt payment and plans to appoint a Commissioner to oversee business rows, the proportion of UK SMEs suffering from the chronic issue of late payments is rising - according to the latest...

#financial services#Paid#payment terms

Fitch upgrades Garanti Factoring rating

International credit rating agency Fitch, has increased the credit rating of Garanti Factoring A.S (more…)

#BBVA#international#management


Azerbaijani producers to export products to Russian Federation

Bank VTB (Azerbaijan) has started rendering factoring services to the local producers, according to Zaur Rasulov, member of the board,…

#bank#international#WHO


Gateway Commercial Finance named in INC 500/5000 list

Gateway Commercial Finance LLC, a national invoice factoring company, announced today that it has been named to the INC 500/5000…

#commercial finance#invoice#risk


UK government to remove invoice finance limitations

Anti-invoice finance terms and restrictive clauses in contracts that prevent businesses from gaining invoice finance are set to be banned…

#assignment#invoice#late payment


RBI received seven TReDS applications

Reserve Bank of India announces news of further interest in receivables exchange platform (more…)

#bank#cash-flow#receivables


DS-Concept provides export factoring facility in India

DS-Concept Factoring has provided a USD2m export accounts receivable facility to an apparel manufacturer in India (more…)

#commercial finance#international#non-recourse factoring


Legion grows UK presence

Legion Trade Finance has agreed deals to provide GBP1.3m of new funding to a diverse range of businesses across the…

#smes#supplier payments#supply chain finance


Breaking with tradition

Kheng Leong Lee, Asia Chapter Director at Factors Chain International, comments on the growth of Asian corporates favouring receivables financing…

#international#receivables#receivables financing


PrimeRevenue expands leadership team

PrimeRevenue, Inc. – the platform for working capital finance solutions – has announced the appointment of a new Executive Vice…

#financial services#international#management


Receivables financing favoured by Asian corporates

E&P Asia’s bi-annual Asian Institutional Trade Finance report has found that Asian corporates are increasingly engaging with receivables financing (more…)

#international#receivables#receivables financing


Chinese developers choosing asset-backed securitisation

China's property developers have returned to the asset securitisation market following a three-year absence, enticed by lighter rules on how…

#bank#management#receivables

Invoiceware flourishing in Latin America

Atlanta-based Invoiceware International operates a cloud-based software solution that plugs into companies’ existing systems and updates automatically with the latest…

#accounts payable#cloud#e-invoices

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