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Telford lender invests GBP1.5m

An invoice finance company in Shropshire, UK, is planning to treble its lending and bring in new staff following a GBP1.5m investment in the business. (more…)

#bank#invoice#Paid

GE agrees to sell GE Capital

GE has announced today that it has reached an agreement to sell its GE Capital, Transportation Finance business in the…

#commercial lending#Credit Suisse#management


Waldorf Growth Partners launches accounts receivable insurance

Waldorf Growth Partners, an insurance program administrator, has announced it has launched its platform for retail agencies and insurance wholesalers…

#international#late payment#Paid


The results are in…

The Association of Factoring Companies (AFC) has published statistical indicators of the Russian factor in the first six months of…

#bank#funding#international


Late payments on the rise for UK SMEs

Despite Government attempts to enforce a code for prompt payment and plans to appoint a Commissioner to oversee business rows,…

#financial services#Paid#payment terms


Factoring without prior approval

The Reserve Bank of India (RBI) has said that banks can carry out the business of factoring departmentally, without obtaining…

#bank#invoice#Paid


Cфte d’Ivoire plans to increase investment in Afreximbank

Ivorian President Alassane Ouattara has announced that the country is planning to increase its investment in the African Export-Import Bank…

#bank#Benedict Oramah#Paid


Payment discipline of Czech firms improves says Bibby

The payment discipline of Czech companies has improved, as invoices financed via factoring were paid after 72.1 days on average…

#economy#exporters#financial services


Interest rates to be reduced by half for a...

In Peru, the Law for Strengthening Factoring will allow interest rates - set by banks for credit requested by micro,…

#banks#interest rates#Paid


Invoice financing fostering further growth

Logistics company Genesis 2014 has secured a major order from a blue chip client to spark further growth plans. It…

#funding#invoice#Paid


Accord announces financial results

Company releases fourth quarter data, along with statistics for 2014 financial year (more…)

#Accord Financial#Accord Financial Corp#i


Minister warns factoring companies over interest rates

Turkey economy minister says rates must come down and government will take measures if necessary (more…)

#banks#inflation#interest rates

Basware launches new financing services

New services, including factoring and dynamic discounting, to be available across the Basware online network (more…)

#dynamic discounting#Paid#supply chains

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