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receivables

New survey: SMEs on the brink of going under

Close to 75 per cent of the labour-intensive SMEs in the Pearl River Delta in southern China are expected to post zero or negative earnings for the next six months amid an unsound business climate, a recent survey has found....

#bank#e-commerce#receivables

Finacity add German and Canadian receivables to existing securitisation...

Finacity, together with NORD/LB, has facilitated the successful addition of German and Canadian receivables to an existing securitisation for The…

#bank#funding#receivables


Intermarket Bank welcomes new factoring board member

Monika Traub, 44, has become the new member of the Management Board of Intermarket Bank, the leading factoring bank in…

#bank#management#receivables


Finacity facilitates Ђ500m trade receivables securitisation deal

The New York-based Finacity Corporation has facilitated the successful funding of a global trade receivables securitisation programme for global styrenics…

#bank#receivables#receivables securitisation


Businesses’ receivables jumped Ђ500m in H1 2011

The short-term receivables of the 1,600 largest companies in Bosnia s Republika Srpska (RS) in the first half of 2011…

#liquidity#receivables


First Capital agrees $16m factoring deal with MM&R

Florida-based commercial finance specialists, First Capital, have provided a US$16 million working line of credit to M.M. R., a New…

#account receivables#bank#commercial finance


Citibank’s new platform set to aid Latin America’s supply...

Citibank has launched a new web-based supply chain platform for 14 countries in Latin America. (more…)

#liquidity#payables#receivables


Paragon names Longo as SVP

Florida-based Paragon Financial Group, Inc. has promoted Thomas Longo to Senior Vice President. (more…)

#Paragon#purchase order#receivables


Wells Fargo amends TriMas' accounts receivable facility

The Michigan-based TriMas Corporation, a diversified manufacturer of engineered and applied products, has entered into an amendment of its accounts…

#bank#funding#LIBOR


HSBC to offer RMB services in Taiwan

HSBC has become the first foreign bank with license to offer Renminbi (RMB) products and services, including receivables finance, in…

#bank#financial institutions#international


NYSE Euronext and Receivables Exchange team up to launch...

The New York Stock Exchange (NYSE) has acquired a minority ownership in The Receivables Exchange (TRE) and will join with…

#receivables#smes


On the wagon: Russia's factoring ban

Ilya Pokamestov, Head of Factoring at VTB Factoring, discusses Russia s ban on the factoring of alcoholic produce. (more…)

#assignment#international#receivables

IFD: Brokers are falling behind in receivables market

Finance brokers are failing to capitalise on recent growth in the receivables finance market, according to the Institute of Factors…

#bank#financial services#interest rates

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