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CredAble achieves record-breaking $8bn throughput in FY23-24

CredAble, India's largest working capital tech platform, announced a record-breaking milestone aggregate throughput worth US$8bn for the financial year 2023–24. The company maintains an industry-leading average invoice period accelerated by 73 days, with over 2.5 million invoices processed on its...

#supply chain finance#working capital

Allianz Trade DSO/WCR report: global payment terms hit record...

Allianz Trade has released its latest report on global Days Sales Outstanding (DSO) and Working Capital Requirements (WCR). In this…

#Allianz Trade#payment terms


WFY’23: ‘Czech factoring volumes reached again record levels’

The development of the Czech economy in 2022 was reflected in its GDP, which was only 2.5 per cent compared…

#bank#confirming#insolvency


Finacity surpasses record $200bn in annual financed receivables; White...

Finacity Corporation ("Finacity"), a White Oak company specialising in receivables financing and administration, achieved a significant milestone by surpassing a…

#Andre Hakkak#White Oak#WOGA


WFY’23: Record factoring growth of 20% in Germany in...

Last year, the GDP of Germany grew slightly by 1.8 per cent, not as much as in the previous year,…

#World Factoring Yearbook


WFY’23: Record increase in Austrian factoring volumes in 2022

The global economic downturn in 2022 affected Austria in the third quarter of the year, but for the year as…

#Raiffeisen Factor Bank#Simon Peterman#World Factoring Yearbook


Skipton selects Dancerace to build on record year in...

UK lender Skipton Business Finance has chosen Dancerace ABL software to power its invoice finance services.The move comes after the lender…

#Dancerace#Elliot Avison


Turkish factoring companies ask for record charges before elections

Some Turkish factoring companies have charged record rates for their facilities before this weekend elections (more…)

#interest rate


Coface posts record net profit for 2022, with factoring...

In 2022, the group posted a turnover of €1.8bn, up 13.4 per cent at constant exchange rates and scope. The…

#trade credit insurance#Xavier Durand


Spanish factoring and confirming volumes reached record level in...

Spanish factoring and confirming volumes reached record levels in 2021, exceeding the level recorded before the Covid-19 pandemic. According to…

#confirming#exports#international


Coface announces record income for 2021

Coface publishes their financial results for 2021 and shows record income for the year.Main results are presented below:Turnover: €1,568m, up…

#confirming#management#Paid


Solifi closes record year of growth with new global...

Solifi™ (formerly IDS), a global software partner for secured finance,... (more…)

#Solifi#working capital

Coface achieves record net income in third quarter of...

Coface recently released their first nine months results... (more…)

#economic recovery#insurance#investments

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