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Study: Working capital opportunity at largest U.S. Companies now...

Cash conversion efficiency of American corporations deteriorated for the second year, The Hackett Group s study shows. (more…)

#cash-flow#management#recession

Basware launches mobile finance solution

Basware has launched InvoiceReady solution for automating invoice processing. (more…)

#invoice#late payment


Santander and BBVA boost state-owned media group’s liquidity

RTVE has said it has used EUR70 million of working capital finance facilities from Santander and BBVA. (more…)


Bibby Financial Services appoints Chief Commercial Officer for Europe

Graham Byrne appointed as Chief Commercial Officer for Europe. (more…)

#bank#banks#financial services


Study: Mining companies continue to stockpile cash

The recent study by The Hackett Group, consultancy group, shows that South African mining companies have more than R48.6-billion in…

#crisis#interest rates#invoice


Transfac Capital continues expansion

Transfac Capital oilfield factoring company establishes presence in North Dakota Oilfield. (more…)

#factoring industry#i#management


Lloyds TSB supports business expansion through invoice finance

Lloyds TSB Commercial Finance provided GBP12 million invoice finance facility a start-up business. (more…)


Citi to provide EUR200million to facilitate Greek exports

Citi agreed to provide EIB-supported credit facility to confirm letters of credit and other trade finance instruments of Greek banks.…


CITR: Business borrowing jeopardises SMEs’ existence

Insolvency specialists, Casa de Insolventa Transilvania (CITR), names five main reasons for business insolvencies. (more…)

#insolvencies#insolvency#management


Bank of Algeria to taboo disproportional private trade finance

Algerian authorities prepare measures to make trade finance activities less attractive. (more…)

#bank#international#International Trade


Banque Centrale Populaire joins EBRD Trade Facilitation Programme

The EBRD announce it is partnering with Banque Centrale Populaire to strengthen bank support for Moroccan companies in terms of…

#bank#exporters#guarantees


Aldermore appoints new Regional Director

Steve Noble Steve Noble appointed as Regional Director for North West. (more…)

Brazil patiently await the new factoring law

   As a major emerging market the Brazilian economy has flourished in recent years, yet indicators are that Brazil is…

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