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Poundland has secured a further 10 working days of protection from creditors after seeking an extension to its administration moratorium, giving the struggling discount retailer more time to negotiate a rescue sale while emergency funding keeps its stores trading. The...
#administration#asset-backed lending#corporate restructuring
Mercer International has filed for Chapter 11 bankruptcy protection in the United States as the pulp and wood-products group seeks…
#asset based lending#bankruptcy restructuring#Chapter 11
Poundland is facing a critical 12 November rescue deadline after restrictions on access to its cash and credit facilities reportedly…
#asset based lending#corporate restructuring#creditor protection
Working-capital platform C2FO has partnered with Ripple to develop a system that could reduce settlement times for approved supplier invoices…
#BNY#C2FO#early payment
Ping An Digital Bank has introduced new trade financing arrangements for Hong Kong importers and exporters, including supplier-paid invoice financing…
#digital banking#Hong Kong#import finance
Bank of America's corporate clients increased their use of real-time payments sharply during the first seven months of 2026, with…
#Bank of America#cash concentration#corporate treasury
Allianz Trade is reducing credit-insurance limits available to suppliers trading with UK housebuilder Vistry, with cover on some new business…
#Allianz Trade#credit limits#receivables finance
BYD is moving away from a long-running supplier payment model that relied heavily on extended payment cycles, putting renewed attention…
#BYD#China#EV supply chains
A new report* by Taulia and Mastercard finds that more than nine in 10 (92 per cent) businesses do billable…
#B2B#Danielle Weinblatt#Mastercard
Factoring, though historically a niche product in Canada and often misunderstood, has begun to gain momentum in recent years. As…
#factoring#financial institution#National Bank of Canada
The Hedaya Capital Group provided a US$5m factoring and purchase order financing facility to a New York City-based clothing designer and…
#cash-flow#PO#purchase order
Visa, a leading force in digital payments globally, and Taulia, an SAP company specialising in working capital management solutions, have…
#accounts payable#digital#management
Basware, a leader in making accounts payable (AP) automation and invoice processing happen... (more…)
#accounts payable#invoice#supplier payments