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Comet, the electricals retailer, is set to meet with trade credit insurers next week to try and determine whether they will carry on offering cover to its suppliers once the business is sold to OpCapita in February. (more…)
#funding#insolvency#trade
The Receivables Exchange (TRE), an online marketplace for U.S. receivables sales, has reported that, since its inception, it has funded…
#business finance#economy#receivables
The Governor of the State Bank of Pakistan (SBP), has advised banks to develop an effective strategy for SMEs by…
#bank#international#SME financing
The Central Bank of Bangladesh has removed an interest rate ceiling on bank loans, barring agricultural and pre-shipment export credit.…
#Bangladesh bank#bank#interest rates
David Morris International, the London-based jeweller, has secured a GBP 15 million Asset Based Lending (ABL) funding package from RBS…
#cash-flow#funding#international
The Receivables Exchange (TRE), an online marketplace for U.S. receivables sales, has announced a strategic alliance with Insperity, a human…
#investment#receivables#smes
Average export turnover for small UK businesses increased by 42 per cent between the second and third quarter of 2011,…
#exports#international#invoice
The Irish Finance Minister, Michael Noonan, has published an independent report on the demand for credit by SMEs. (more…)
#bank#commercial lending#SME lending
The China Development Bank Corporation (CDB) has, through its cooperating partner, the Infrastructure Development Bank of Zimbabwe (IDBZ), extended a…
#bank#conference#forum
Florida-based commercial finance specialists, First Capital, has provided a US$6.5 million asset-based credit facility to Euro Style International, Inc., a…
#commercial finance#i#international
The Spanish factoring association, AEF, has released figures for the first nine months of 2011. During the first nine months…
#AEF#confirming#international
Ally Commercial Finance, as Documentation Agent, has closed on a US$27 million commitment in a US$175 million senior secured credit…
#acquisition#bank#commercial finance
As part of its ongoing efforts to optimise working capital, Italian-based Pasell S.R.L. has implemented the Supply Chain Finance (SCF)…
#bank#invoice#SCF platform