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Spain

CEPYME report: Average payment period remains high despite seasonal...

According to the latest CEPYME Late Payment Observatory report, the average payment period (APP) for Spain's businesses stood at 80.2 days in Q2 2024. This represents a slight seasonal reduction of 1.5 days from the previous year but still exceeds...

#CEPYME#late payments

EIB and Banco Sabadell sign guarantee agreement to facilitate...

The European Investment Bank (EIB) and Banco Sabadell have signed a guarantee agreement for up to €200m as the first tranche of…

#bank#EIF#interest rates


CaixaBank is consolidating leader position in Spanish factoring...

CaixaBank closed 2023 with a volume of assignments in factoring and confirming of more than €76,000m, a 2 per cent…

#assignment#bank#confirming


BBVA joins Komgo network

BBVA has joined Komgo, the world’s largest multi-bank trade finance network, to help digitalisation of its international clients, enhancing their…

#BBVA#Komgo#Souleima Baddi


BBVA Spark backs Twinco Capital with new €50m debt...

Supply chain finance (SCF) fintech Twinco Capital announced on Tuesday, in the sixth edition of the Valencia Digital Summit (VDS), it…

#purchase order finance#Quona Capital#Sandra Nolasco


WFY23: ‘Spain’s factoring and confirming® sector in 2022 showed...

Spain’s factoring and confirming® sector in 2022 showed a spectacular in increase in volume, with a growth of 29.23 per…

#Spanish Factoring Association#World Factoring Yearbook


BBVA improves conditions of sustainable confirming

BBVA has decided to improve the conditions of its sustainable 'confirming' for companies that are suppliers to its clients in…

#BBVA#confirming#ESG


CaixaBank consolidates its leadership in factoring and confirming in...

CaixaBank closed last financial year with a volume of assignments in factoring and confirming (management of collections and payments) reaching €74,962m. This…

#CaixaBank#confirming#working capital financing


Spanish factoring and confirming sees rise of nearly 30%

Spain's factoring market has shown a remarkable, nearly 30 per cent, expansion year-end 2022 and a surge in activity after…

#AEF#confirming


EIF, CaixaBank and MicroBank to guarantee for Spanish SMEs...

The European Investment Fund (EIF), CaixaBank and MicroBank will strengthen their support for Spanish SMEs... (more…)

#CaixaBank#European Investment Fund#InvestEU


Ten Spanish banks to launch an invoice registration platform...

Ten Spanish banks have come together to launch a platform for invoice registration by the fourth quarter of 2023. Their…

#AEF#BBVA#blockchain


Twinco Capital raises US$12m led by Quona Capital to...

Twinco Capital, the first global supply chain finance (SCF) solution that covers the production cycle from purchase order to final…

#Quona Capital#supply chain finance#Twinco Capital

Linkfactor brings out €150m receivables securitisation offer

The Alternative Fixed Income Market (MARF), has admitted to trading Linkfactor Trade Receivables EUR 1 Securitisation Fund’s new Commercial Paper…

#Banco Santander#receivables securitisation#securitisation

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