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eCapital receives US$245m increase in funding for ABL activity

eCapital has signed a US$245m increase in the credit facility provided by syndicated banks to support the development of its asset-based lending activity and be able to enlarge its working capital offerings towards local SMEs. This increase brings the total...

#bank#eCapital#international

Phoenix Holdings consolidates credit activities in Phoenix-Gama, its SMEs finance...

Phoenix Holdings Ltd., a leading Israel-based financial, insurance, and investment group (Phoenix) has announced that it is consolidating its credit…

#financial services#guarantees#management


Nigerian startup FrontEdge raises US$10m to expand its operations

Nigerian digital trade-finance platform, FrontEdge, has raised US$10m in debt and equity funding to support cross-border trade and expand its operations…

#emerging markets#exporters#smes


FundOnion launches business finance comparison site for SMEs

FundOnion has today officially launched its AI-backed business finance comparison site for small business loans.The FundOnion comparison site allows businesses…

#bank#Bank of England#business finance


Standard Chartered and IFC launch $200m trade finance programme...

Standard Chartered Bank Pakistan Ltd and the International Finance Corporation (IFC) have launched a groundbreaking $200m rupee-equivalent trade finance initiative…

#bank#international#smes


Credix raises a US$60m credit facility with a US$3bn...

Credix, a leading platform that provides financing to small businesses and consumer loan portfolios in Latin America, today announced that…

#blockchain#platforms#receivables


Polish construction sector drives factoring demand

According to data from NFG, a Polish factor, up to 3/4 of sole proprietorships across the country may be trapped…

#bank#invoice#receivables


WFY23: ‘Chilean factoring turnover represents around 14 per cent...

After a significant setback and a decrease in both funds outstanding and volume that marked the Chilean factoring industry in…

#bank#exports#international


ABC Finance Ltd partners with Uswitch

In order to provide invoice finance via its online comparison platform, UK-based ABC Finance has partnered with Uswitch. The collaboration…

#FCA#Financial Conduct Authority#insurance


Reward Finance Group secures additional £50m funding

Reward Finance Group, which provides SMEs with tailored business finance loans and asset-based solutions of up to £5m, has secured…

#business finance#interest rates#Reward Finance


Betül Kurtulus, Regional Director, FCI

“Almost every Saudi bank has or is planning to have a supply chain finance solution in place”, says Betül Kurtulus,…

#bank#digital#open account


BFS: UK SMEs lack confidence in politicians, but skew...

●       As the Party Conference season kicks off, new data commissioned by SME funder, Bibby Financial Services (BFS), finds that confidence…

#conference#interest rates#smes

Singaporean government agrees to allow their suppliers to benefit...

Kheng Leong Lee from Lendscape reports from GTR Asia event that ... (more…)

#assignment#funding#Lendscape

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