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Fund to provide $225m for African SMEs

A new regional fund aimed at supporting SMEs in African countries has been launched under a scheme packaged by a South African multinational specialist finance and development organisation (more…)

#bank#international#risk

CIT on brink after bailout talks fail

US factoring provider CIT Group has been left hurtling towards likely bankruptcy after the US government rejected its plea for…

#bank#CIT#liquidity


Attracting new prospects

David DiPiero, CEO and Director of FGI Finance in the United States, talks to Factorscan about developing client relationships in…

#bank#banks#risk


Business failures continue to rise

Leading business information provider, Equifax, has released its Business Failures Report for the second quarter of 2009 (more…)

#cash-flow#management#recession


Government concern as small firms refused credit

The number of SMEs being refused credit represents a growing concern for the government, according to the Minister for Finance (more…)

#bank#funding#risk


United Capital achieves 100% bankruptcy protection

United Capital Funding Corp today announced that it has successfully shielded 100% of its clients from credit losses due to…

#bankruptcy#credit risk#Mark Mandula


Fitch affirms Optima Faktoring at BBB

Fitch Ratings has today affirmed Turkey-based Optima Faktoring Hizmetleri A.S.'s (Optima) National Long-term rating (more…)

#credit risk#liquidity#management


Approaching HR issues in the downturn

Trish Stockbridge, Recruitment Consultant at Commercial Finance People, provides Factorscan with her insights into how factors should approach human resources…

#bank#commercial finance#management


Accountants report bad debt epidemic

Research commissioned by Venture Finance has revealed the overwhelming scale of bad debt being suffered by UK businesses at the…

#alternative funding#invoice#risk


Coface lowers European ratings as payment days extend

Coface Consultancy has once again lowered its country ranking following Q1 results. (more…)

#insolvency#poland#risk


Survey of Russian factoring market

A survey of Russian factors showed that a majority had seen a fall in business volume during the first quarter…

#banks#risk#trade


Debt turning increasingly bad

Research has revealed the overwhelming scale of bad debt being suffered by UK businesses at the front-line of the recession.…

#alternative funding#Funding Options#invoice

The dangers of overreliance on a single debtor

Close Invoice Finance has reveals that 350,000 SMEs across the UK rely on a single customer for over 75% of…

#insolvency#invoice#management

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