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Australia is currently experiencing an unprecedented increase in business insolvencies, primarily driven by acute cashflow pressures. In the 2023–2024 financial year, more than 11,000 businesses entered external administration — a 39 per cent increase on the previous year and the...
#Cash flow#insolvencies#Reserve Bank of Australia
Ellinas Finance, a pioneer in alternative financing in Cyprus, has reported robust growth in its digital factoring business, further consolidating…
#alternative finance#Cash flow#credit insurance
Kyriba, a global leader in liquidity performance, announces its collaboration with the Bank of Africa Group. Bank of Africa, one…
#Bank of Africa#Bank of Africa Group#Cash flow
Monroe Capital LLC (“Monroe”), on behalf of its investment funds, announced on Tuesday that it has led a US$100m minority…
#Ashley Whyman#asset based lending#Cash flow
In response to increasing demand from small and medium-sized enterprises (SMEs), Affinity Exchange has unveiled a pair of new business…
#Affinity Exchange#Cash flow#trade finance
DAT Freight & Analytics (DAT) has acquired Outgo Inc. (Outgo), adding fast, transparent payments to the industry’s largest freight marketplace.…
#automates invoice#Cash flow#DAT
Wafeq, the UAE-based accounting software leader, and Comfi, the innovative fintech platform have partnered to revolutionise cashflow management for businesses…
#Cash flow#Comfi#invoice finance
Announced by the Chancellor today, the Growth Guarantee Scheme will provide approximately £500m of additional lending capacity to help more…
#British Business Bank#Cash flow#Growth Guarantee Scheme
New data from Westpac has revealed that one-third (38 per cent) of businesses identify cash flow issues as one of…
#Cash flow#digital#invoice finance
STAR Funding, a New York-based provider of working capital solutions for small and mid-sized businesses, announced that Bryan Maloney has…
#Bryan Maloney#Cash flow#factoring
With research conducted post-US election, Taulia’s annual Supplier Sentiment Survey found that 85 per cent of suppliers are optimistic about…
#Bob Glotfelty#Cash flow#early payments
Billboxx, the integrated billing to payment platform aimed at ensuring timely payments for businesses across Africa, has successfully closed a…
#Abdulazeez Ogunjobi#Alex Bakir#Billboxx
Hedaya Capital Group (Hedaya Capital) recently provided a US$5m factoring/inventory financing facility to a New York-based wholesale manufacturer of licensed…
#Cash flow#factoring#Hedaya Capital