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Wonga to extend loans for South African SMEs

Internet-based short-term loan provider is looking to elongate payment terms for South African SMEs. (more…)

#payment terms#R3#risk

Another peer-to-peer funder launches

Crossflow Payments introduces an 'industry-first' peer-to-peer (P2P) financing service to support SME cash flow issues. (more…)

#cash-flow#cloud#risk


Control over factoring operations to become more stringent

China 's banking regulator has instructed banks to better monitor receivables finance as demand burgeons and banks relax their oversight…

#bank#Bank of China#international


Bibby appoint new Canadian head of operatons

Bibby Financial Services has unveiled Calum Williamson as Head of Operations, Canada. (more…)

#commercial finance#financial services#leadership


Vision Banco receives USD15m from IFC to expand SME...

The International Finance Corporation (IFC) is to provide US$15 million in local currency to Vision Banco S.A.E.C.A., to help expand…

#bank#international#microfinance


SIDBI expects 10 per cent rise in SME loan...

The Small Industries Development Bank of India's loan disbursement to the Micro, Small and Medium Enterprises (MSMEs) is expected to…

#bank#conference#exports


HSBC survey: Renminbi usage still growing

Half of all international companies in Hong Kong and 30 per cent based in mainland China are now using the…

#international#platforms#receivables


HSBC appoints new global head of forfaiting, risk distribution

Luiz Simione has been appointed global head of forfaiting and risk distribution for global trade and receivables finance (GTRF), HSBC,…

#global trade#receivables#risk


Pavestone Capital implements Bayside factoring product

Pavestone Capital, an established US-based commercial finance company, and Bayside Business Solutions, a commercial finance portfolio management software provider, have…

#commercial finance#invoice#management


Euler Hermes launches exceptional trade credit loss protection for...

A specialised Excess of Loss (XoL) insurance policy can help companies generate receivables-based financing and improve lending terms. (more…)

#credit risk#receivables#risk


Bibby MSP Index: SMEs are losing interest in factoring

Factoring is used by 12pc of the Polish SMEs, with 86pc saying they won t need in future. (more…)

#bank#banks#financial services


SME funding falls behind

SME funding government programme failed to achieve its objectives. (more…)

#Access to Finance#funding#management

Hong Kong to extend collaboration on offshore yuan business

City could extend collaboration on offshore yuan dealing from London to New York and Singapore. (more…)

#banks#international#International Trade

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