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“Returns will be sufficiently attractive to all types of investors because the asset class is solid,” Bertrand de Comminges, Managing Director - Global Head Trade Finance Investments, Santander Alternative Investments, SGIIC, SAU
11/03/2024
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Cashinvoice, a digital supply chain finance platform, has partnered with SBI Global Factors Limited, India’s premier factoring provider, to expand the utilisation of factoring solutions for MSMEs in India. This collaboration aims to showcase the potential of invoice factoring in reducing working capital requirements and enhancing credit accessibility for Indian MSMEs.
11/03/2024
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Use cloud or on-premises?
08/03/2024
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Duplo, a Nigerian-based B2B fintech said in a recent statement it has launched its Vendor Management Portal which helps businesses optimise their supply-chain management.In the past two years, Duplo has pioneered solutions addressing the different financial operation needs businesses of all sizes- ranging from accounts payable and receivable to payments, the statement asserts.During this time, the Duplo team learned the challenges businesses face when managing multiple vendors- communication mishaps, requests for early payments, and misplaced invoices.
08/03/2024
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Crown Partners (Crown) announces the successful arrangement of US$82.5m of senior debt for Signature Brands, LLC (Signature Brands), a portfolio company of Traub Capital Partners. The firm served as exclusive financial advisor to Signature Brands in connection with this transaction.
08/03/2024
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Pulse Cashflow Finance, a leading specialist funder, has opened the doors to a new larger office in Basingstoke as it continues to push forward with its ambitious plans. The move comes on the back of a year of growth. Most encouraging is their average client size has increased by 12 per cent demonstrating that their clients are using the vital funds they access to support their continuing growth.
08/03/2024
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SLR Business Credit, a specialised asset based lender, has announced yesterday closing a US$5m ABL facility for Henry Industries, Inc.The proceeds were used to pay off the previous lender and provide the company with additional working capital for growth.About SLR Business Credit
07/03/2024
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Rosenthal & Rosenthal, Inc., the leading factoring, asset based lending, purchase order financing and inventory financing firm in the United States, today announced the completion of three asset based lending transactions totalling US$7.5m. The firm’s Pipeline division, focused on providing working capital to emerging consumer product brands, led the transactions.
07/03/2024
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Bahrain Development Bank (BDB) has launched its invoice discounting scheme, to support small and medium sized companies (SMEs) to bridge the liquidity gap. Within this scheme, BDB will act as an intermediary between buyers and suppliers.The BDB invoice discounting scheme will ensure that suppliers receive instant payments for their goods delivered/services provided, thereby eliminating the prolonged waiting periods till the buyer pays.
07/03/2024
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In a new paper, the specialist trade finance bank analyses how robust risk mitigation and compliance is the key to sustainable and successful trade with African marketsThe opportunities presented by African markets are undeniable, but trade with the continent is often hampered by access to finance. The African trade finance gap currently stands at around US$81bn and continues to grow, as African trade is largely perceived as high-risk by investors.
07/03/2024
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The UK’s largest independent invoice finance provider, Bibby Financial Services (BFS), has announced the return of Business Development Manager John Smyth to its team in Scotland as it continues to grow its finance support for the country’s SMEs and business advisors.Commenting on John’s appointment, Mike Day, Head of Sales for BFS, said:
07/03/2024
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Supporting the rapidly growing B2B e-commerce space has been an integral part of Allianz Trade’s strategy for several years.
06/03/2024
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With more than 200 guests gathered at the National Palace of Queluz, the Portuguese Association of Leasing, Factoring and Renting, the association that represents specialised financing in Portugal, celebrated on Wednesday a journey that has gone hand in hand with the three products' support for the national economy over the last few decades.
06/03/2024
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Commenting on the Spring Budget and how the extension to the recovery loan scheme is a boost to businesses but a permanent one is better, Douglas Grant, Group CEO of Manx Financial Group, said:
06/03/2024
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Norwegian software vendor Commercial Banking Applications AS (CBA), today announced that Landsbankinn in Iceland is benefitting from the seamless integration of Swift’s Transaction Screening Service (TSS) with CBA’s IBAS GBF - Global Banking Factory – which the bank uses to run its banking operations in payments and trade finance.
06/03/2024
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