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Mvelaphanda Holdings acquires stake in factoring firm

Private BEE investment company Mvelaphanda Holdings has acquired a strategic stake in South Africa-based trade finance firm (more…)

#funding#management#smes

Inter-American Development Bank approves funding to SME sector

The Inter-American Development Bank (IDB) approved a (more…)

#bank#international#management


Japan International Cooperation Agency extends loan to Vietnam SMEs

The Japan International Cooperation Agency (JICA) this month signed a €906 million loan for distribution amongst small and medium sized enterprises in…

#bank#cash-flow#international


Hitachi Capital Invoice Finance announce new Head of Sales

Hitachi Capital Invoice Finance last week announced plans to expand its invoice factoring business in the UK with the appointment…

#bank#invoice#receivables


Chamber of Commerce call for national enquiry into SME...

The Australian Chamber of Commerce and Industry (ACCI) has called for a national enquiry into the availability of small business…

#bank#business finance#exporters


AIB enhance invoice discounting services for SMEs

AIB has announced enhancements to its invoice discounting service, in order to make the service more accessible to (more…)

#bank#invoice#management


EBRD lend Ђ50 million to SMEs through Garanti Bank

The European Bank for Reconstruction and Development (EBRD) has issued a 50 million loan to Garanti Bank to boost Turkey…

#bank#Boost#small business


US factor opens CIT 'hotline'

A US factoring firm has re-launched a specialised hotline directed at CIT factoring customers who may be looking for an alternative factoring…

#CIT#commercial finance#confirming


Factoring and insolvency prevention discussed at GCIC event

Factoring was dubbed an essential tool for preventing insolvencies amongst Hungary SMEs at a financial conference held in Budapest. (more…)

#bank#conference#insolvency


Bearish now. Bullish later?

Olga Gritsay, President of the Association of Factoring Companies in Russia, talks to Factorscan about the Russian industry's prospects for…

#bank#guarantees#management


1st Commercial Credit launches business credit report service

1 st Commercial Credit LLC, a factoring firm based in the US, today launched an online database that allows companies to…

#credit reports#payment terms#receivables


New Factoring firm launches in Turkey

Turkish corporate venture capital company Hiyat Holding have announced the launch of factoring subsidiary (more…)

#crisis#factoring industry#smes

ABFA reports localised recovery in the UK

Economic recovery in the UK is very much localised, according to the Asset Based Finance Association s (ABFA) Economic Report…

#asset based finance#bank#Bank of England

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