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The third quarter of 2023 brought the expected but long-unseen decline in turnover to the factoring industry, as reported by the Polish Factors Association (PFZ). In nine months of this year, companies associated with PFZ purchased receivables for a total amount...
#Executive Committee#PZF#receivables
According to data from NFG, a Polish factor, up to 3/4 of sole proprietorships across the country may be trapped…
#bank#invoice#receivables
Nearly PLN 6.3m (€1.419m) in six months of 2023 - this is the total value of receivables purchased by AFORTI…
#PZF
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 was allowed by European Council to introduce mandatory e-invoicing starting from January 2024... (more…)
#e-invoice system
According to the Polish Factors Association (PZF), in 2022 the level of finance delivered by Polish factors to local enterprises reached…
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
Poland’s SMEs are increasingly concerned both about their profit margins and liquidity now and their ability to borrow in the…
#banks#inflation#liquidity
The Management Board of Answear.com SA announces that on 8 September 2022, the company concluded a supply chain finance (SCF)…
#supply chain finance
Fintech PragmaGO, owned by Polish Enterprise Fund VIII, has announced the acquisition of approximately 800 customers from Polish factor Fandla…
#PragmaGO
The European Bank for Reconstruction and Development said it is promoting the competitiveness and resilience of small and medium-sized enterprises…
#digitalisation#PragmaGO
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
The European Commission has approved modifications, including a budget increase of €5.1bn to an existing Polish scheme to support companies…
#European Commission