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Global

Accord & Octet partner to launch new SCF facility

Accord Financial Inc. of Canada becomes an Octet Financial Institution member . (more…)

#bank#international#International Trade

Coface holds EUR1.1 billion receivables securitization

Coface factoring business in Germany to receive EUR1.1. billion refinancing facility. (more…)


Euler Hermes and Mapfre to form JV

Euler Hermes and Spanish insurer Mapfre announced they would integrate their credit insurance activities in Spain and Latin America. (more…)


Lochem Capital appoints new CEO

Lochem Capital appoints CEO to facilitate its expansion nationwide. (more…)


Triumph hires two commercial finance veterans to form ‘top...

Triumph expands commercial finance platform with addition of industry veterans Karas and Copple. (more…)


Export Credit Guarantee sees low demand

Government s Export Credit Guarantee scheme has been only used by five small businesses during the year. (more…)

#exporters#exports#guarantee


Nomos Bank extends Transaero’s limit on factoring operations by...

Russian-based Nomos Bank has extended its previous limit on factoring operations by RUB 1 billion to Transaero, one of the…

#bank#risks


Debtor Finance Committee raises legislation concerns

Members of the South African Banking Association's Debtor Finance Committee have expressed concerns about new government legislation. (more…)

#insolvency#invoice#management


Factoring in India: Overview of the New Factoring Act

Factoring in India: Overview of the new Factoring Act   In the absence of a consolidated legal framework regulating factoring in…


Pharmaceutical receives GBP6m funding boost from RBS IF

RBS Invoice Finance (RBSIF) has agreed a GBP 6 million working capital facility with Wrexham-based pharmaceutical manufacturer and distributor Wockhardt…


Commonwealth Capital signs up to Bayside’s lending platform

Bayside Business Solutions, Inc., an Alabama-based developer of commercial finance management software, has announced that working capital supplier, Commonwealth Capital,…


Eurozone crisis spurs Exim's export-credit insurance sales

Companies have rushed to buy export-credit insurance from the Export-Import Bank of Thailand (Exim Bank) as they try to protect…

#bank#exporters#international

World Bank approves financing increase to Bosnian SMEs

The World Bank s Board of Executive Directors has approved an additional financing loan of EUR 90.1 million (US$120 million)…

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