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The Nigerian Senate has moved forward with legislation aimed at improving access to finance for micro, small, and medium-sized enterprises (MSMEs) by allowing them to convert unpaid invoices into immediate cash through a structured factoring system. The proposed legislation, titled...
#Bill#factoring#Factoring bill
nFusion Capital, a leading provider of financing solutions to small and middle-market businesses, announced the funding of a US$3m factoring…
#accounts receivable#factoring#NFusion Capital
Baghdadi Capital Group (Baghdadi Capital) has chosen the nCino Platform to standardise and automate its global operations, streamline client onboarding,…
#Baghdadi Capital#Baghdadi Capital Group#factoring
Alpine Ridge Funding has announced the successful closing of a US$12m factoring facility for a prominent IT staffing company. This…
#Alpine Ridge Funding#factoring#staffing company
Karan Oberoi, Chief Product Officer, Solifi, explains how artificial intelligence (AI) helps shape the future of the receivables finance industry.…
#AI#artificial intelligence#factoring
U.S. auto parts supplier First Brands has filed for Chapter 11 bankruptcy protection, disclosing liabilities of more than US$11bn. The…
#bancrupcy#Chapter 11#debt finance
The Secured Finance Network (SFNet), an international trade association connecting the interests of companies and professionals who deliver and enable…
#factoring#factoring survey#Secured Finance Network
Catalyst Leasing and Factoring, a subsidiary of Catalyst Partners Middle East, has secured new banking facilities amounting to EGP 600…
#Catalyst Leasing and Factoring#factoring#financing
Tradewind Finance, a global trade finance firm, has announced a US$10m factoring facility for the US subsidiary of one of…
#factoring#Tradewind#Tradewind Finance
Saudi fintech company LDUN has successfully closed a seed funding round worth US$4.8m, strengthening its position as a key contributor…
#factoring#investment#LDUN
The United States has successfully negotiated the return of Chenyue Mao, a Wells Fargo executive who had been barred from…
#Chenyue Mao#factoring#FCI
A leading natural food manufacturer has secured a US$1.5m factoring facility from Republic Business Credit to strengthen its financial foundation…
#factoring#natural food#Republic Business Credit
In many countries this year, the legal and regulatory framework for factoring is changing. This is one of the themes…
#factoring#legal#regulatory