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receivables

Moroccan factoring experiences 3-fold growth

The tightening of bank credit in Morocco over the past two years has pushed many companies to use factoring. (more…)

#bank#banks#leasing

Auto part companies opt for receivables finance

With payment cycles becoming longer, more auto part manufacturers are using factoring and invoice discounting. (more…)

#banks#exports#invoice


Norske Skog signs EUR 30 million receivables securitised loan

SpareBank 1 Gruppen Finans AS. will provide EUR30 million receivables securitised facility to Norwegian newsprint and magazine paper manufacturer. (more…)

#interest#receivables#securitisation


RBI provides Rs 5000 core to fight liquidity tightness...

The Reserve Bank of India extended refinancing to Sidbi to support micro and small manufacturers and service providers. (more…)

#bank#economy#liquidity


Finacity launches USD350m global freight receivables securitisation facility

Finacity Corporation (Finacity) has facilitated the successful launch of a new US$350 million freight receivables securitisation for Hapag-Lloyd Group (Hapag-Lloyd),…

#bank#receivables#receivables securitisation


On risk environment associated with receivables exchange platforms

Following the appointment of Graham Platts, former CEO of global credit scoring giant Experian-Scorex, to MarketInvoice Board of Directors, the…

#bank#guarantees#platforms


Two global investors launch factoring company

JZ Capital Partners and Avenue Capital Group have launched a new factoring company in Spain. (more…)

#account receivables#investment#management


Businessman pleads guilty in USD1m fraud case

An American businessman has pleaded guilty before a Senior U.S. District Judge to wire and mail fraud charges, in a…

#bank#funding#Jobs


CORRECTION: UniCredit Factoring adds mass business in its target...

UniCredit Factoring Bulgaria expects the share of domestic non-recourse factoring clients to reach 34pc by the end of the year.…

#management#non-recourse factoring#receivables


Citi to provide assed-based finance to mid-sized business

Citi Commercial Bank expands asset-based lending for mid-sized companies. (more…)

#bank#Gordon Brothers#international


Online Commodities Exchange to provide receivables finance to beef...

The Italian Online Commodities Exchange launches an initiative to revive national beef industry. (more…)

#financial services#insolvency#invoice


Lloyds sells corporate, vehicle and equipment finance assets to...

Westpac beats Pepper, Macquarie, in USD1.45 billion takeover. (more…)

#acquisition#bank#international

Romanian factoring market decreases 15pc

Despite a 15pc decrease of factoring market volumes in H1 2013, the nian Association of Factoring expects positive end of…

#Flexible Funding#insolvency#receivables

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