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Latam trade finance platform raises US$12m new funding

Marco, a Latam trade finance platform for SME exporters, has announced the successful closure of a US$12m Series A funding round.The investment round was reportedly “led by IDC Ventures, with additional participation from IDB Lab (the innovation and venture laboratory...

#bank#exporters#smes

Taulia: Over half of the businesses say they are...

More than half (51 per cent) of businesses say they are paid late on average, according to a survey conducted by Taulia,…

#management#payment practices#receivables


EBRD and NLB Komercijalna Banka aid SMEs in Serbia

The European Bank for Reconstruction and Development (EBRD) is further supporting access to finance SMEs in Serbia, by commencing cooperation…

#bank#international#small business


EBRD extends €8m loan to support female entrepreneurship in...

Women-led micro, small and medium-sized enterprises (MSMEs) in Georgia are to benefit from fresh funds, thanks to a loan by the European…

#bank#international#risk


ProCredit secures US$4.1m pre-seed round to bolster SME lending...

ProCredit, a Philippines-based SME lender, has successfully concluded a US$4.1m pre-seed round. Integra Partners led the investment, with participation from…

#bank#emerging markets#management


Bridging the SME funding gap: World Bank’s initiative in...

Kenya launched a US$51.7m loan project for small and medium enterprises funded by the World Bank on Monday. Rebecca Miano,…

#bank#digital#SME lending


Bahrain Development Bank launches invoice discounting  

Bahrain Development Bank (BDB) has launched its invoice discounting scheme, to support small and medium sized companies (SMEs) to bridge the…

#bank#invoice#liquidity


John Smyth rejoins Bibby Financial Services to boost SME...

The UK’s largest independent invoice finance provider, Bibby Financial Services (BFS), has announced the return of Business Development Manager John…

#bank#commercial finance#financial services


Treasury Committee raises alarm over banks closing small business...

Ahead of the final leg of the Treasury Committee’s inquiry into SMEs' access to financing, recent data reveals that 2.7%…

#bank#NatWest#Paragon


ITFC and Asia Alliance Bank sign US$10m agreement to...

The International Islamic Trade Finance Corporation (ITFC) and Asia Alliance Bank have inked an agreement to bolster trade financing for…

#bank#international#management


WFY’23: Turkish factoring sector accounted for 2,77 per cent...

The Turkish economy expanded by 5.6 per cent in 2022, according to the Turkish Statistical Institute (TurkStat), according to Filiz…

#international#invoice#purchase order


UK Start Up Loan Scheme delivered £100m support to...

The next generation of business leaders have received over £100m worth of support from the Government backed Start Up Loan…

#bank#business finance#cash-flow

Time Finance reaches new financing milestone

Following several months of sustained growth, alternative finance lender, Time Finance, has announced a record lending book of £188.6m for the six months…

#Ed Rimmer#invoice#management

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