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The UK's four million small- and medium-sized companies (SMEs) spend a total of 11.5m hours every week chasing unpaid invoices, according to a survey. The research, commissioned by GMAC Commercial Finance, corporate funding specialists, found that on average companies with turnovers...
#commercial finance#forum#management
Fresh statistics indicate that the total volume for factoring increased in 2004 by 13%, measured in euros, or even 22%,…
#credit risk#exporters#international
Colombian credit insurer Segurexpo is planning an aggressive move into the domestic market, local paper La Repъblica reported. “The goal…
#insurance#payment terms
Emirates Bank has become the only local bank in the UAE to become an accredited member of Factors Chain International…
#bank#exporters#international
An article by Doug Roberts, Chief Executive Officer, Avolent. Cash is the lifeblood of every company. Cash flow, particularly incoming…
#cash-flow#invoice#management
Over half of Midlands owner-managers feel their business is being held back because of late payment by their customers. At…
#cash-flow#funding#invoice
Fortis Commercial Finance, one of Europe's top 10 invoice finance companies, is calling on UK businesses to ensure they have…
#commercial finance#insolvency#invoice
A new trade finance initiative has been created to provide California-based small- and medium-sized companies (SMEs), their buyers, suppliers, and…
#bank#exporters#guarantees
According to the Banking Council of South Africa, nearly 1,200 businesses made use of debtor financing services in 2003; the…
#bank#invoice#management
Coface, a world leader in credit insurance and also a credit management service provider, opened its Beijing office yesterday to…
#bank#management#payment terms
The factoring industry is neither registered nor regulated in Thailand. Nevertheless, the industry has been flourishing for at least a…
#bank#exporters#interest rates
More than five years after the government brought in legislation to curb late payment, the average payment period of companies…
#financial services#insolvency#invoice
HSBC has launched a new service specifically designed to assist businesses with financing against their outstanding invoices for both their…
#financial services#international#international factoring