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The Union of Small & Medium Enterprises (UNISAME) has drawn the attention of bankers to the fact that most SMEs’ vendors’ bills are tied up, hindering cash flow. Zulfikar Thaver, convener of UNISAME has urged the State Bank of Pakistan,...
#bank#banks#cash-flow
Mayflower Corporation failed for four years to make full payments to HSBC, which was operating an invoice-discounting scheme on its…
Factors Chain International (FCI), the world’s largest network of factoring companies with a presence in nearly 60 countries, has published…
A former top US Environmental Protection Agency (EPA) official was indicted yesterday on federal charges alleging she schemed to fraudulently…
Accord Financial Corp., a leading North American provider of asset-based financial services to businesses, including factoring, financing, credit investigation and…
#Accord Financial#Accord Financial Corp#financial services
Signalling a long-term stability in its foreign investment policy, India has offered to bind itself to allowing 100 per cent…
#banks#financial services#reinsurance
The ‘Eternal City’ of Rome was the setting for Europe’s premier meeting of 120 top factoring and asset-based finance industry…
New credit scoring techniques have paved the way for unsecured lending in the small- and medium-sized business (SME) sector, which…
R.G. Barry Corporation has announced that it has entered into a factoring and financing agreement with The CIT Group/Commercial Services…
#bank#CIT#CIT Commercial Services
In a company announcement on Friday, the directors of First International Merchant Bank (FIMBank) announced that it has agreed the…
According to Estrategia, Chile's financial daily, Banco del Desarrollo is looking to up its loan portfolio 10% this year backed…
#acquisition#bank
Siam General Factoring Plc's purchase of Global Thai Finance will bring financial expertise to the former and a backdoor listing…
Monte dei Paschi Leasing & Factoring (MPS) have announced a net profit of Ђ6m, and total commissions of Ђ4bn in…