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Continental is using both the receivable financing and the advances to replenish inventories of condensate. As a result, they are turning over their inventories much faster than before, with less capital. (more…)
#acquisition#Paid#payment terms
ProCredit Bank Georgia (PCBG) is receiving a US$15m syndicated loan arranged by the European Bank for Reconstruction and Development (EBRD)…
#bank#Commerzbank#financial institution
Kenya Commercial Bank has joined the Global Trade Finance Programme as an issuing Bank following the signing of a shillings1.6bn…
#bank#emerging markets#guarantees
Meeting payroll will now be easier for Canadian temporary staffing agencies withCommercial Capital LLC's recently launched staffing agency factoring financing…
Russia's URSA Bank had raised a US$63m syndicated loan with a 12-month maturity. (more…)
#bank#banks#ICICI Bank
Cisco Capital, a Cisco financial services company, and Raiffeisenbank (Bulgaria) signed an agreement for joint small- and medium-sized enterprises (SME)…
#financial services#funding#SME financing
Current and future Utah exporters will benefit from local access to information and assistance on the export finance programs of…
The management team at independent wine specialist and importer, St Martin Vintners Ltd, announced it has acquired the company in…
#ABN AMRO#bank#invoice
Ariba, Inc., a spend management solutions provider, announced that it will team with Orbian, a pioneer in supply chain financing,…
#bank#management#purchase order
Payables financing is now threatening to transform how cash and commercial credit transactions are moved and processed in business-to-business financial…
#bank#conference#invoice
Gresham Computing plc, the real-time financial solutions specialist has extended its Clareti Cash Reporting Service to enable supply chain financing.…
#funding#invoice#supplier payments
Global opportunities abound in the factoring industry, according to the views of delegates at BCR's 7th receivables finance conference, held…
#conference#international#invoice
Bank of China has opened a US$30 m credit line for Promsvyazbank to finance foreign trade operations by clients trading…