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Tweet Follow @BCRpublishing Birmingham-based Metalrax Group plc has refinanced its existing banking facilities after agreeing a GBP 14 million asset-based lending (ABL) line with RBS Invoice Finance. The ABL facility has been structured for up to four years and allows Metalrax...
#invoice#Two
Singapore's Deputy Prime Minister and Finance Minister, Tharman Shanmugaratnam has emphasised that keeping SMEs thriving in Singapore is a way…
#Jobs#smes#training
The Factors Chain International (FCI) Executive Committee has granted FCI memberships to two more financial institutions. (more…)
#bank#Executive Committee#financial institutions
At least six National Health Laboratory Service (NHLS) labs have been shut because of the service s cash crunch. (more…)
#management#Paid#payment delays
India Factoring (India Factoring Finance Solutions) says that in the next two-three years Indian factoring market will see many new…
#Bill#factoring regulation#India Factoring
Terra Agricultural Management calls for legal actions against Factoring Security and FactorLine (more…)
#crisis#liquidity#management
The payment performance of UK firms saw an improvement in the final quarter of 2011, according to the latest figures…
#cash-flow#Paid#smes
On 2 January 2012 Julie Ashmore, UK Operations Director at Bibby Financial Services, left British shores for Antarctica to join a…
#financial services#i#Two
Indian garment exporters have been left disappointed by the recent announcement of the Indian government to extend the rupee credit…
#bank#banks#exporters
Finnish export credit agency Finnvera has merged two units to form one SME financing division, GTR reports. (more…)
#SME financing#Two
The Duff Phelps Corporation, an independent financial advisory and investment banking services firm, has acquired MCR. (more…)
#acquisition#banking services#insolvency
Monika Traub, 44, has become the new member of the Management Board of Intermarket Bank, the leading factoring bank in…
#bank#management#receivables
Royal Bank of Scotland's invoice finance arm (RBS IF) has provided a 9 million invoice discounting line to fund a…
#bank#invoice#trade