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Global

NFC sees its factoring portfolio boosted in 2011

NFC Group funds out increases more then 75 per cent in 2011, while turnover of factoring without recourse more then…


Payment delays resulted in health-care system ‘being held to...

At least six National Health Laboratory Service (NHLS) labs have been shut because of the service s cash crunch. (more…)

#management#Paid#payment delays


Hubei automotive supply chain finance programme posts EUR4.8bn turnover

Bank of China , Wuhan Branch reports CNY 40 billion turnover of its automotive supply chain finance programme in 2011…

#bank#Bank of China#receivables


Centric Commercial Finance to provide GBP1.2 m loan to...

Centric Commercial Finance agreed to provide GBP1.2 million working capital finance facility to Sussex based New Career Skills Lts. (more…)

#commercial finance#funding#invoice


India Factoring expects 35 per cent factoring market growth

India Factoring (India Factoring Finance Solutions) says that in the next two-three years Indian factoring market will see many new…

#Bill#factoring regulation#India Factoring


2011: Turkish factors turnover decreases while profits continue to...

The Turkish Factoring Association (TFA) posts 14 per cent domestic factoring turnover reduction, while international volumes went up by 72…


Deutsche Factoring’s Dr. Karl-Joachim Lubitz dies

Spokesman of the Management Board of Deutsche Factoring Bank, Dr. Karl-Joachim Lubitz has died on 5 February, suddenly and unexpectedly,…


SME interest in factoring remained relatively low last year

Polish SMEs are still only marginally interested in factoring, preferring their own resources for financing (more…)


Snow grips Factors and their clients in Bosnia and...

Factors in Bosnia and Herzegovina and their clients in the region, remain hampered by freezing temperatures and snow. (more…)


SBI ‘may sell’ factoring arm

SBI may sell or absorb arm SBI Global Factors Ltd as a result of the recently passed Factoring Regulation Bill.…

#bank#factoring regulation#regulation


Banks missed their lending target to small businesses

Bank lending to small- and medium-sized enterprises (SMEs) as part of Project Merlin, fell short of government targets in 2011.…

Business owners are draining personal savings to help run...

More business owners are resorting to drawing on their own personal savings to keep their businesses going compared to this…

#bank#Bank of England#insolvency

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