North America

FIMBank Group President Margrith Lutschg-Emmenegger has expressed her satisfaction at Fitch Ratings re-affirming FIMBank’s Long-term Issuer Default and Short-term Issuer Default Ratings at 'BB' with a Stable Outlook, and its Viability Rating at ‘bb’.

The federal draft law on Russia’s joining of the Convention on International Factoring (UNIDROIT) has been prepared in keeping with a Government-endorsed action plan to facilitate Russian companies’ export operations and access to foreign markets.

Accord Financial Corp. has declared a quarterly dividend

leading specialist contractor trade body has raised the alarm about the pitfalls of Carillion’s controversial early payment facility.

AutoBank AG finalises purchase of majority stake in Factoring as part of strategic expansion plans.

Freight Capital, Oil Capital USA and Staffing Capital align under eCapital brand.

UK SMEs reckon their biggest problem is working out how to grow in 2014, according to a survey by Platform Black.

Accord Financial Corp. has acquired a portfolio of factoring and asset-based loans (ABL) from Brome Capital through its subsidiary, Accord Financial Inc. (AFI).

Trade credit insurer Euler Hermes S.A. has announced the launch of CAP, a product that offers its U.S. and Canadian policyholders additional coverage for specific or short-term transactions whose size and risk require more levels of support.

J D Factors, one of the fastest growing financial firms in North America, providing invoice factoring and accounts receivable management, has recently provided the following factoring facilities: