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Receivables

Overdue receivables are biggest ‘threat’, says Athens Water CEO

Athens Water Supply Sewage Co SA, Greece s biggest water utility, is working to collect EUR 356 million owed by the Greek state and municipalities, according to Chief Executive Officer Stelios Stavridis. (more…)

#IMF#investment#receivables

Fitch adjusts balance sheet treatment of receivables financing

Fitch Ratings is likely to treat off-balance sheet receivable financings as on-balance sheet. (more…)


Banks to be asked to factor fertiliser ministry receivables

Fertiliser ministry asks finance ministry to arrange a special invoice finance scheme to settle its pending subsidy bills. (more…)


PaySimple unveils new receivables management program

PaySimple, a Colorado-based provider of cloud-based automated payments and receivables solutions for SMEs, has launched a new receivables management software…


The Receivables Exchange appoints new CEO

The Receivables Exchange, the online marketplace for selling accounts receivable, has appointed Henry (Hank) Allen as the company s new…

#commercial finance#financial services#Marsh


Finacity facilitates USD250m receivables purchase facility for Trafigura

Receivables finance specialist Finacity Corporation (Finacity) has announced the facilitation of a syndication of a US$250 million revolving receivables purchase…

#financial institution#international#receivables


Atradius: Uncollectable receivables on the rise

The Atradius Payment Practices Barometer, a survey of B2B suppliers of products and services in North America, has found that,…

#Atradius#insolvencies#insolvency


CIT closes CAD 515m receivables securitisation

CIT Group Inc., a US-provider of financing to small businesses and middle market companies, has closed a C$515million (US$511million) equipment…


Coface holds EUR1.1 billion receivables securitization

Coface factoring business in Germany to receive EUR1.1. billion refinancing facility. (more…)


US carmaker GM secures USD1.1bn receivables financing

Wells Fargo Securities, Royal Bank of Scotland and Credit Suisse acted as lead managers of USD1.1billion (EUR838million) of auto receivables-backed…

#bank#Credit Suisse#Deutsche Bank


New online receivables exchange launches in Denmark

Dansk Faktura Bors A/S, a receivables exchange based in Denmark, has recently been launched by business partners Kasper Oldby and…

#bank#funding#international


Javlin Capital to provide senior facility to finance purchases...

Javlin Capital to provide debt financing to an affiliate of Presidio Financial, a collection and debt purchase firm. (more…)

Receivables Exchange passes one billion dollar mark

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

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