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PayMate, an Indian business-to-business payment fintech firm, has announced the launch of invoice discounting operations.
23/06/2021
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European Investment Bank (EIB) and Intesa Sanpaolo (ISP) signed an agreement to unlock more than €18bn in new funding for small and medium-sized Italian businesses to meet the challenge of recovery post-COVID-19.
23/06/2021
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LSQ, a leading provider of technology-driven working capital solutions, announces the expansion of its working capital platform, LSQ FastTrack®. Under the new platform capabilities LSQ will be able to provide businesses of all sizes with accounts payable (AP) financing (supply chain finance), dynamic discounting and accounts receivable (AR) financing.
23/06/2021
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SACE and C2FO, a global platform for working capital, have signed a cooperation agreement aimed at supporting the growth of Italian small- to mid-sized enterprises (SMEs) in international markets.
23/06/2021
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MYOB has signed a partnership with Sydney-based fintech Valiant, a business loan marketplace, to offer small businesses more financing options to access capital.
22/06/2021
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Factoring returns to grow in 2021 in Italy, after 2020 was characterised by the pandemic. In 2020 the collapse in the turnover of companies had generated a cumulative turnover for the whole year of EUR 228bn, recording a 10.83% decrease for the first time in over a decade.
22/06/2021
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As part of the €540bn package of measures with which the EU responds to the impact economic caused by COVID-19, Banco Santander has signed yesterday with the European Investment Bank (EIB) two agreements under the Pan-European Guarantee Fund (EGF).
22/06/2021
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In the prior articles on this topic, I outlined several examples of how a significant increase in the overall rate of inflation might impact the global factoring industry in the near future.
22/06/2021
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eCapital Corp. (eCapital), a leading alternative finance provider in North America to small and medium-sized businesses, announced that it has named Kyle Wilson as Senior Vice President (VP), Sales Director Business Development. Wilson brings more than 13 years of expertise in commercial financing to this role.
22/06/2021
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Northpoint Commercial Finance hires David Zimmerman as a business development officer (BDO) for its asset-based lending division. Zimmerman will be responsible for origination transactions through the US and will report to general manager and head of asset-based lending, Robert Wagner.
22/06/2021
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