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Poland

Polish construction sector drives factoring demand

According to data from NFG, a Polish factor, up to 3/4 of sole proprietorships across the country may be trapped waiting for money. Therefore, interest in factoring is growing among SMEs. The greatest "hunger" for cash remains in the construction...

#bank#invoice#receivables

Polish factor reaps benefits of exceptional market growth

Nearly PLN 6.3m (€1.419m) in six months of 2023 - this is the total value of receivables purchased by AFORTI…

#PZF


Poland’s factors report 8.4 per cent Q1 growth

After a record year in 2022, Poland’s factoring market continues to grow in 2023. In the first three months of…

#Polish Factoring Association


Poland postpones mandatory e-invoice system to July 2024

Poland was allowed by European Council to introduce mandatory e-invoicing starting from January 2024... (more…)

#e-invoice system


Factoring in Poland in 2022

According to the Polish Factors Association (PZF), in 2022 the level of finance delivered by Polish factors to local enterprises reached…

#Polish Factoring Association


EBRD partners with Santander to start up SCF in...

The European Bank for Reconstruction and Development (EBRD) has launched a Supply Chain Solutions Framework (SCSF) to provide more affordable…

#export finance#poland#supply chain finance


Polish SMEs’ financial worries increase

Poland’s SMEs are increasingly concerned both about their profit margins and liquidity now and their ability to borrow in the…

#banks#inflation#liquidity


Answear.com signs SCF ageement with Santander Factoring Sp. z...

The Management Board of Answear.com SA announces that on 8 September 2022, the company concluded a supply chain finance (SCF)…

#supply chain finance


Polish PragmaGO and Fandla Faktoring merge

Fintech PragmaGO, owned by Polish Enterprise Fund VIII, has announced the acquisition of approximately 800 customers from Polish factor Fandla…

#PragmaGO


EBRD supports digitalisation of payments in Poland

The European Bank for Reconstruction and Development said it is promoting the competitiveness and resilience of small and medium-sized enterprises…

#digitalisation#PragmaGO


Higher industrial output helps drive 33% increase in Polish...

In the first six months of 2022 the Polish factoring market grew 33 per cent year-on-year according to the Polish…

#poland#Polish Factors Association


European Commission quadruples Polish Scheme budget for state factoring...

The European Commission has approved modifications, including a budget increase of €5.1bn to an existing Polish scheme to support companies…

#European Commission

Menlo Electric signs factoring finance agreement with KUKE and...

KUKE and KUKE Finance, Polish trade insurance and trade finance company... (more…)

#funding#insurance#trade

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