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receivables

GE Factofrance to provide EUR40m factoring facility

GE Factofance signs a three-year Factoring Agreement with a leading global compressors manufacturer. (more…)

#Factofrance#insurance#liquidity

Bakkavor takes GBP80m receivables securitisation

Bakkavor, ready meal and fresh produce group, secures GBP360m refinancing, including GBP80m receivables securitisation facility. (more…)

#bank#international#receivables


Study: Europe’s top public companies sitting on EUR762bn excess...

Europe's largest listed companies are still struggling to convert sales into cash, according to research from working capital consultancy REL.…

#cash-flow#interest rates#management


Receivables financier expands support for oilfield service companies

Charter Capital announced expanding its invoice finance lines in West Texas and Southeast New Mexico. (more…)

#cash-flow#invoice#receivables


PNB keen to increase SME loan portfolio

The Philippine National Bank (PNB) has outlined a planned expansion of its loan portfolio, which would help its profit grow…

#bank#banks#receivables


Fortune agrees deal to set-up landmark asset management scheme

Fortune International Factoring Co., a new factor in China, has signed an agreement with China Orient Securities Co., Ltd. to…

#funding#international#international factoring


POLITEKS – fastest growing factor in Russia

Expert RA named POLITEKS the fastest-growing, most innovative and technologically advanced factor on the Russian market. (more…)

#awards#conference#electronic factoring


Fitch rates Garanti Faktoring Hizmetleri 'BBB’, Outlook Stable

Fitch gives Garanti Factoring a long-term foreign currency Issuer Default Rating (IDR) of 'BBB' with Stable Outlook. (more…)

#bank#financial services#management


Postal Savings Bank starts SCF operations

Shandong Branch of the Postal Savings Bank has paid out its first funding transaction within its SCF programme. (more…)

#bank#funding#Paid


Procter and Gamble to join other multinationals in squeezing...

Procter and Gamble plans to make an offer to suppliers they can’t refuse. (more…)

#banks#cash management#management


Addleshaw Goddard hires ABL specialist

Asset based lending director joins Addleshaw Goddard's banking group as a new partner.  (more…)

#Corporate banking#financial institutions#investment


Polish factoring boosted by 10 per cent market jump

Nineteen factoring companies belonging to the Polish Factors Association (PFA) purchased the receivables of the value of EUR 4,85 billion…

#commercial finance#Executive Committee#ING

Atradius release 2012 financial results

Atradius, a global credit insurer, has reported profit before tax of EUR 156.2 million for its 2012 financial year, on…

#Atradius#emerging markets#insolvency

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