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Peruvian government to allocate EUR 1.5m for business start-ups

The Minister of Production confirmed the dates of Factoring Act coming into force as he has launched the Guarantee Program for Entrepreneurs (more…)

#factoring act#financial institutions#funding

Coface Germany announce 2010 results

Coface Germany finished fiscal 2010 with positive results and could be set to continue its uninterrupted growth in the year…

#crisis#funding#management


Moneytech takes one step further

The new product will offer funding for businesses starting from $1 million up to $10 million (more…)

#banks#funding#invoice


Austrian factoring sees strongest growth since 2004

Austria 's factoring providers report 25.7 percent rise in volumes.  (more…)

#bank#funding#Raiffeisen


Lack of funding causes Chinese SMEs to die young

China Forum on Corporate Finance, which was held recently in Beijing, set the average life expectancy of SME at 2.9…

#forum#funding#risk


First Capital Issues $100.0 million of unsecured notes

First Capital Holdings announced that two of its subsidiaries, including its ABL and factoring division, issued $100 million in aggregate…

#bonds#funding#securitisation


BBA asks regulators to revise Basel III requirements

The industry association for British banks has joined those asking banking regulators to revise provisions in new rules... (more…)

#banks#exports#funding


GMAC Commercial Finance rebrands its North American operations

Ally Financial Inc. (formerly GMAC Inc.), announced last week that it will rebrand its GMAC Commercial Finance operations in North…

#Bill#cash-flow#Commercial Credit


Working capital’s cash conversion cycle slowest for 10 years

A new analysis from finance solutions and treasury consultancy Zanders has found that the liquidity locked in working capital has…

#funding#liquidity#management


European companies increase factoring use

The results of a poll of 5312 small and medium-sized enterprises in the euro area, released by the European Central…

#Access to Finance#bank#funding


Imperial Funding admitts overcharging its clients

In a recent government filing, Imperial Funding admitted that interest rates charged to its customers average 17% per year, well…

#funding#interest rates#Paid


Moody’s upgrades its outlook for National Factoring Company

Moody's Investors Service yesterday changed to stable from negative the outlook on the B3 long-term foreign and local currency deposit…

#bank#funding#liquidity

Lecce municipalities to adopt reverse factoring to avoid collapse

On Thursday, Septemeber 9th, the council of the Province of Lecce presented a Stability Pact to try to improve the…

#crisis#financial institutions#funding

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