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Discounts on the sale of receivables are seen as taxable trade income under new Trade Tax Act. (more…)
#interest#invoice#receivables
Blanco Group files for bankruptcy. (more…)
The number of small and medium-sized businesses (SMEs) with cash available to invest in future growth has drastically fallen... (more…)
#financial services#invoice#late payment
Ahmed Shaheen, General Manager Egypt Factors SAE provides a review of the Egyptian factoring market, covering industry environment, market performance,…
Half of all international companies in Hong Kong and 30 per cent based in mainland China are now using the…
#international#platforms#receivables
GE Capital, Corporate Finance has agreed to provide a US$76.8 million asset-based credit facility to Pacific Coast Feather Company, a…
#corporate finance#liquidity#working capital
Luiz Simione has been appointed global head of forfaiting and risk distribution for global trade and receivables finance (GTRF), HSBC,…
#global trade#receivables#risk
The European Investment Bank (EIB) and ING Bank Romania has signed a loan contract for EUR40 million in Bucharest. (more…)
#bank#funding#ING
Arbuthnot Banking Group has announced its plans to enter the asset finance and invoice finance business, aided by cheap funds…
#bank#Bank of England#invoice
Misys, the global financial services software provider, has announced the appointment of Paul Spiteri as the Global Sales Director for…
Pavestone Capital, an established US-based commercial finance company, and Bayside Business Solutions, a commercial finance portfolio management software provider, have…
#commercial finance#invoice#management
The West African Development Bank and Burkina Bail signed a loan agreement. (more…)
Less than 10pc of US Companies use the Chinese currency in trade. (more…)
#bank#exports#international