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receivables

Domestic factoring shows growth but international stagnates

For the first 9 months of 2010, Russian factoring market turnover amounted to US$10.billion, with international factoring volumes remaining low. (more…)

#interest rates#international#management

Spanish savings bank starts factoring

Kutxa, the Spanish savings bank, has announced that it is launching factoring to increase its overall competitiveness. (more…)

#assignment#bank#invoice


Canadian asset manager invests in Brazilian factoring

Sarona Asset Management announced today that its Sarona Frontier Markets Fund 1 LP has made its first investment in Brazil…

#assets under management#management#receivables


Cash flow is the main worry of CFOs

A survey of chief financial officers reveals their top financial anxiety is not the economy but rather cash flow. (more…)

#bank#cash-flow#management


CSI Factoring launches on-line factoring service

Last week CSI Factoring LLC (CSI Factoring) went live with its new invoice factoring website, (more…)

#banks#financial services#invoice


Polish factoring market grows faster then expected

The Polish Factors Association (PFA) has confirmed a significant increase in the number of Polish companies who use factoring. (more…)

#bank#banks#Polish Factors Association


Imperial Funding admitts overcharging its clients

In a recent government filing, Imperial Funding admitted that interest rates charged to its customers average 17% per year, well…

#funding#interest rates#Paid


Standard & Poor's expects faster growth in Russian factoring

Standard Poor's has announced its assessment of the development of the Russian banking sector in 2010. (more…)

#bank#international#management


HONG Leong Finance – the latest lender to target...

HONG Leong Finance (HLF) has become the latest lender to target the fast-growing small and medium-sized enterprise (SME) sector. (more…)

#financial services#receivables#receivables financing


Credit insurers meet less then 10% of the market...

In 2009 the growth of claims due to the non-payment of account receivables has reached 150% on the previous year,…

#AON#bonds#payment terms


BOC continues to lead in export factoring

Bank of China Limited announced its 2010 interim results on August, 26th. (more…)

#bank#Bank of China#international


Russian factoring volume reaches 185.5 rubles in first half...

The Russian factoring industry achieved total factoring volumes of 185.5 billion rubles in the first half of 2010, according to…

#international#international factoring#receivables

Bibby helps MOP Environmental Solutions meet Gulf oil spill...

Bibby Financial Services has reported it has provided a $750,000 factoring facility for MOP Environmental Solutions, Inc. (more…)

#cash-flow#financial services#international

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