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Global

GE Capital provides USD110m ABL facility to cheese manufacturer

GE Capital provides USD110 million to Arthur Schuman, Inc.  (more…)

#corporate finance#liquidity

NI civil service fast-track payments system proves to be...

Prompt payment contributes to 17pc rise in cost of operating account NI. (more…)

#cash-flow#funding#international


Shanghai Free Trade Zone opens new reforms

Shanghai Free Trade Zone opens new reforms including possibilities for factoring and credit information companies. (more…)


StanChart eyes big growth in SME lending by 2018

Standard Chartered s SME lending in Asia, Africa and Middle East has been growing continuously since 2008. (more…)


More UK SMEs making foreign payments

Moneycorp s traders handled record number of SME foreign transactions in July . (more…)


IFC to provide USD6m to expand access to finance...

The International Finance Corporation (IFC) will provide a five-year US$6 million loan to Banco Delta S.A. (BMF), Panama's largest microfinance…


High Court confirms Edserv Softsystems wind up

The Madras High Court has passed an order to wind up Edserv Softsystems Ltd and has appointed an official liquidator…

#Banca IFIS#bank#India Factoring


EIB and BRD sign agreement for EUR100m in finance...

The European Investment Bank (EIB) and BRD Groupe Societe Generale SA have signed an agreement for EUR 100 million to…

#bank#economic recovery#innovation


JCPenney suppliers face credit squeeze

Factoring companies that are financing clothing deliveries to JCPenney are tightening credit terms, shortening payment windows and tacking on extra…

#bank#bankruptcy#CIT


Italian financiers factor EUR3.5 billion of Public Administration debts

Italian Banking Association surveyed 1,813 banks and financial intermediaries authorised to purchase receivables from suppliers to the Public Administration. (more…)


BSF provides USD1.5m to company rejected by its bank

BFS provided factoring facility to support expansion of-based manufacturer of plastic containers. (more…)

#bank#cash-flow#financial services


More building contractors roll out SCF programmes

Balfour Beatty has announced it is introducing a voluntary SCF scheme, with Kier saying it has already set up a…

#bank#invoice#payment terms

Poles Apart – to regulate or not to regulate

Members of Polish Factoring Association are still far from consensus on whether the industry should be regulated. (more…)

#banks#conference#EU Federation

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