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The Trade Receivables Discounting System (TReDS) platform, Receivables Exchange of India Ltd (RXIL), has financed over five million invoices totalling ₹1 lakh crore (US$12bn). The joint venture, which includes SIDBI, NSE, State Bank of India, ICICI Bank, and YES Bank,...
#bank#invoice#platforms
PHH Corporation (PHH) ("PHH" or the "Company") announced today that on June 11, 2015, PHH Servicer Advance Receivables Trust 2013-1…
#receivables
Time Finance, a leading provider of asset finance solutions, is thrilled to announce the launch of its new ID&V (Identity…
#digital#digital transformation#security
Provident Financial Services, Inc. (Provident) announced yesterday that its merger with Lakeland Bancorp, Inc. (Lakeland) was completed, creating the premier super community…
#bank#credit risk#financial services
Supply@ME joined forces with VeChain to revolutionise supply chain financing (SCF) for small and midsize enterprises (SMEs). Supply@ME is an…
#supply chain finance
The European Bank for Reconstruction and Development (EBRD) is boosting Palestinian export and import activity by providing an additional US$3m to…
#bank#exporters#guarantees
Paragon Bank’s SME Lending division has facilitated a £2.75m funding solution to support Shilling Group’s acquisition of Telford-based specialist logistics…
#SME lending
First Capital Bank (FCB) in Zimbabwe has received from African Development Bank (AfDB) US$15m trade finance package to help bolster…
#African Development Bank
Lendscape, the market-leading provider of commercial finance technology, today announced the launch of Lendscape CONNECT, a revolutionary solution designed to…
#Lendscape
Research from independent SME funder Bibby Financial Services (BFS) finds that women business leaders are facing gender inequality in commercial…
#financial services#insolvency#interest rates
#factoring statistics
Surecomp is pleased to announce a partnership with MineHub Technologies, a leading provider of digital supply chain solutions for the…
#RIVO
An apparel company found itself in need of importing merchandise from China... (more…)
#funding#order financing#PO