SMEs increase use of factoring for government contracts
Small and medium size suppliers to local administrations are increasing their use of factoring
Poland
Polish constructors look for alternative sources of finance
Construction enterprises are forced to look for alternative sources of finance in order to survive the current industry crisis
Coface – next Polish market leader?
Coface will increase factoring turnover by 50% this year at current growth level
Polish factoring – no signs of slow down
Polish factoring volume increased by more then 20 percent in the first quarter of 2011, according to the Polish Factors Association (PFA).
Citi Handlowy: nearly doubles factoring growth
Citi Handlowy s diversified product line ensures its factoring volume growth in the first quarter of 2011
BGZ Bank to launch reverse factoring
Polish BGZ Bank adds factoring to its product line BGZ Bank has added reverse factoring and receivables management to its product line.
Pragma Factoring reports rising revenues
Pragma Factoring reports 34 per cent estimated growth of factoring portfolio in the first quarter 2010
Year starts well for polish factors
Factoring companies and banks in the first quarter of this year factored invoices for the sum of nearly PLN 17 billion
New name for troubled factor
GF Premium SA changes its name to Pragma Factoring SA
Price competition determines factoring development in 2011
Increasing competition forces Polish factors to reconsider their rates.