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NoviCap raises USD1.7m

NoviCap, the invoice trading marketplace headquartered in London but with offices in Barcelona and a customer base largely in Spain, has closed a USD1.7m seed round (more…)

#invoice#NoviCap#payment terms

SECURE Energy Services extends credit facility

SECURE Energy Services Incorporated has announced that it has extended the maturity date of its existing $700m syndicated credit facility…

#banks#financial institutions#interest


New trade finance solution released

Global debtor finance specialist Bibby Financial Services has introduced a trade finance solution for importers (more…)

#bank#international#invoice


Bad debt remains chronic stumbling block for UK businesses

Bibby Financial Services Report suggests as many as 1.3m SMEs may be affected (more…)

#financial services#insolvency#security


More security in coordination centres

Many corporations established service companies for the financial management of their global subsidiaries in the 1980s and 1990s. The purpose…

#financial services#international#management


Australian Toy Sales thrives with debtor finance

Australian Toy Sales business preferring debtor finance, as use by small to medium sized enterprises in Australia more than doubles…

#GST#receivables#security


Pioneering Technology Corporation announces receivables financing facility

Pioneering Technology Corporation – based in Mississauga, Ontario – has announced that it has entered into a USD550,000 accounts receivable…

#receivables#receivables financing#security


Finacity receives presidential export award

Receivables funder bestowed with President's "E" Award for Export Service (more…)

#awards#bank#exports


US factor grows alongside staffing agencies

BusinessCash sees increase in recruitment industry factoring lines (more…)

#credit protection#funding#invoice


Trade receivables securitisation – How to undertake a survey...

Abe Ezekiel, managing partner at M Taher & Co Solicitors, presents us with his essential guide for undertaking a survey…

#invoice#receivables financing#security


Trade receivables financings – documentary considerations

While the reinvigorated and fast-evolving trade receivables securitisation market is providing businesses with greater opportunities to enhance working capital, the…

#bank#guarantees#international


OAS hosts workshop on secured transactions and ABL in...

Findings from the workshop will inform an upcoming set of recommendations to strengthen use of secured transactions in Jamaica (more…)

#commercial finance#international#International Trade

The Banamex fraud – assessing the impact one year...

Cornelius Cavendish investigates how the USD400 million fraud case involving Citi's Mexican subsidiary, Banamex, has affected receivables finance industry risk…

#bank#factoring fraud#frauds

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