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factoring

Russian factoring market turnover in SME segment reaches RUB240bn

The Russian Association of Factoring Companies (AFC) with the support of "SME Bank" held a regular collection of statistical indicators of the Russian factor in the segment of SMEs in the first nine months of 2015 (more…)

#bank#SME bank#smes

Turkish factoring profit increases

Non-banking institutions, including financial leasing, factoring and financing companies, increased their consolidated profit by 16.7 per cent to 1.35bn Turkish…

#financial institutions#leasing


RBI allows banks to fix value for factoring business

The Reserve Bank of India has allowed banks to carry out the business of factoring without any restrictions on the…

#bank#banks#invoice


Crestmark closes USD6.5m deals

Crestmark, a bank which provides financial solutions including accounts receivable financing and factoring, reportedly secured a total of USD6.51m in…

#bank#security


Freight factoring company, CST Financial reaches new heights

CST Financial, who offers factoring services for owner/operators in the freight hauling business, has announced that it has acquired more…

#interest#WHO


TFS with USD67m new deals

Trade Finance Solutions Inc. (TFS), a provider of domestic and international financing solutions has announced that they closed USD67m in…

#international#supply chain finance#Supply Chain Financing


Sberbank factoring in deal with PJSC sovfracht

Sberbank factoring has signed a general contract of factoring services for financing the transport of petroleum products (more…)

#alternative financing#bank#interest


Scottish factoring firm’s latest acquisition

Newton Property, a Scottish factoring services firm, has purchased Glasgow-based property management company, Greenhome Property Management, for an undisclosed sum…

#acquisition#i#management


Russian factoring reaches RUB262bn

The Russian Association of Factoring Companies (AFC) has published statistical indicators of the Russian factor in the first nine months…

#Alfa-Bank#bank#funding


Bibby Financial Services pledges over GBP770m in funding for...

Bibby Financial Services (BFS) has committed to increase its total funding for UK SMEs by over GBP290m, after refinancing with…

#bank#financial services#Lloyds Bank


Statutory regulation of UK factoring and discounting: is it...

For more than 20 years the UK factoring and discounting industry has questioned whether it should be statutorily regulated (more…)

#anti-money laundering#FCA#invoice


Josep Selles appointed to new factoring and SCF position

Following Josep Selles’s departure as General Manager of Eurofactor, Spain in July, trfnews can exclusively report that he has now…

#confirming#factoring and confirming#international

Milberg Factors promotes Zisfein

Milberg Factors, a factoring and commercial finance company in the U.S., has announced the promotion of William A. Zisfein to…

#bank#CIT#commercial finance

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