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Afreximbank provides diversification financing facilities

Afreximbank has begun providing export diversification financing facilities to its member countries to help address challenges resulting from Africa’s overdependence on commodity exports, Bank President Dr. Benedict Oramah has said (more…)

#bank#exports#forum

Equiant announces record growth

Equiant, a Scottsdale, Arizona-based receivables servicing provider, recently announced record growth in profitability and serviced accounts in 2015 (more…)

#receivables#security#Vice president


Corporate treasury favouring invoice discounting

The majority (71%) of corporate treasurers believe invoice discounting can act as a means for the Treasury to provide tangible…

#Amazon#invoice#platforms


DS-Concept USA appoints new West Coast Vice President of...

DS-Concept USA, a provider of international trade finance to the small and mid-market, has appointed Charles Doc Lundberg as Vice…

#International Trade#management#PO


Crestmark announces new promotions

Crestmark – which specializes in asset-based lending, accounts receivable financing and factoring – has announced five new promotions. (more…)

#acquisition#commercial finance#financial services


Bank of Tokyo Mitsubishi adds to Asia team

The Bank of Tokyo Mitsubishi UFJ (BTMU), whose products include accounts receivable purchases programs, asset-based lending and supply chain finance,…

#bank#Credit Suisse#management


Emirates Islamic supporting SME financing in UAE

Emirates Islamic has announced signing a strategic MoU with Dubai SME (more…)

#bank#GDP#SME financing


Wells Fargo Capital Finance announces two new hires

Wells Fargo Capital Finance, part of Wells Fargo & Company, has announced two new regional managers in its Commercial Services…

#bank#CIT#management


DS-Concept Provides USD1m export factoring facility to Indian textiles...

DS-Concept Factoring, a global commercial finance company specializing in international non-recourse factoring, has provided a USD1m export accounts receivable facility…

#commercial finance#international#non-recourse factoring


Reverse factoring has debt-like features, say Moody’s

Moody's Investors Service has announced that Spanish environment and energy group Abengoa S.A.'s large-scale reverse factoring programme has debt-like features,…

#bank#BCR's Supply Chain Finance Summit#supply chain finance


Trade Finance Solutions provides USD4m supply chain finance facility

Trade Finance Solutions, which specializes in factoring, purchase order and asset-based lending programs a has announced they have provided a…

#purchase order#supply chain finance#trade


Triumph Business Capital adds to its team

Triumph Business Capital, a member of the Triumph Bancorp, and provider of invoice factoring solutions to small- and medium-sized businesses,…

#bank#financial services#invoice

CIT appoints new President of Commercial Services

CIT Group has announced the appointment of Marc Heller as President of CIT Commercial Services - a provider of factoring…

#CIT#CIT Commercial Services#financial services

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