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factoring

IFA appoints NEXGEN Committee Co-Chairs and honors inaugural...

The International Factoring Association (IFA) today announced the appointments of Chad Eberly and Trishaala Ninan as NEXGEN Committee Co-Chairs, effective November 1, 2024. Eberly and Ninan will replace Loren Shifrin, who founded the IFA’s NEXGEN Committee and has served as...

#Chad Eberly#Encore Funding#IFA

WFY’24: Czech factoring market saw little change in 2023

In 2023, the Czech economy shrank by 0.3 per cent due to high inflation and tight monetary policy, which dampened…

#factoring#Petr Fiala#Raiffeisen Bank


SFNet appoints Robert Meyers as President

Robert Meyers, President of Republic Business Credit, was elected as President of the Secured Finance Network (SFNet). Meyers got involved…

#Republic Business Credit#Rich Gumbrecht#Robert Meyers


Northrim BanCorp announces acquisition of Sallyport Commercial Finance, LLC

Northrim BanCorp, Inc. (Northrim) has announced the acquisition of Sallyport Commercial Finance, LLC (Sallyport) in an all cash transaction that…

#factoring asset based lending#Mike Huston#Nick Hart


WFY’24: Croatian factoring industry records a modest growth in...

In 2023 the Croatian factoring industry recorded a modest growth of 2.6 per cent versus the previous year, which is…

#factoring#GDP#Nives Rudež


FCI ‘is a network not an association’

At the FCI 15th CEE & SEE Regional Conference on Factoring and Supply Chain Finance in Prague last week, Neil…

#accounts receivables#factoring#FCI


WFY’24: Colombian factoring activity saw a growth of 12%...

Colombia's economic performance in 2023 diverged significantly from the initial post-pandemic optimism of 2021 and 2022, said Maria Camila MUNOZ,…

#Central Bank#Colombia#Exponential Confirming


Nigeria’s senate advances Factoring Bill

The Nigerian Senate has taken a significant step towards improving the financial landscape for Micro, Small, and Medium Enterprises (MSMEs)…

#factoring#factoring legislation


WFY’24: Factoring in China continued to grow in 2023

Factoring in China continued to grow (10 per cent increase - according to FCI - compared to 2022) in 2023,…

#Chris Wohlert#Wells Fargo Commercial Distribution Finance#WFY'24


Travis Pocock joins SLR Business Credit as SVP

SLR Business Credit, and its parent company SLR Capital Partners, has announced the addition of Travis Pocock as Senior Vice…

#accounts receivable#asset based lending#factoring


Instant Factoring expands its funding to €7.5m from AGC

Advance Global Capital Ltd (AGC) has announced the increase in its credit facility to Instant Factoring to €7.5m. This decision…

#Advance Global Capital#Cristian Ionescu#factoring


WFY’24: Factoring has begun to gain momentum in Canada

Factoring, though historically a niche product in Canada and often misunderstood, has begun to gain momentum in recent years. As…

#factoring#financial institution#National Bank of Canada

WFY’24: Brazilian factoring records 10% growth in 2023

Brazil started 2023 with a new government, and then political unrest with a near coup on 8 January 2023, stated…

#Banco Ourinvest#João Costa Pereira#trade finance

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