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Beltone Investment Holding (BIH) - a subsidiary of Beltone Holding (Beltone), one of the fastest-growing financial institutions in the Middle East and North Africa, is launching a US$100m private credit platform to serve the needs of Egyptian export champions of all sizes.“Egypt is home to a vast number of companies who are the future cornerstones of a diverse, export-oriented economy rooted in both traditional industries and the sectors of tomorrow — from artificial intelligence to manufacturing, from agriculture to tourism,” said Beltone Holding CEO Dalia Khorshid.
01/05/2024
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First Business Bank appoints Kristen Palmer (pictured) as Vice President and a Business Development Officer (BDO) in its accounts receivable (AR) financing group at its subsidiary, First Business Specialty Finance, LLC.
01/05/2024
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LSQ, a leading provider of working capital and payments management solutions, recently originated a US$20m account receivable credit facility for an Ohio-based aerospace tooling and precision assemblies manufacturer.
01/05/2024
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Calculum, a leading provider of supplier intelligence and working capital optimization solutions, and Xinergy, a prominent procurement advisory firm in Latin America (LATAM), has announced a strategic partnership to empower businesses in the region to optimise their working capital and improve payment te
01/05/2024
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The factoring industry has an established place as an important player in the US that provides working capital to small and medium-sized enterprises (SMEs) that operate in the business-to-business (B2B) and business-to-government (B2G) sectors.
30/04/2024
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Ripple, the leading provider of enterprise blockchain and crypto solutions, has entered into a strategic partnership with HashKey DX, the Tokyo-based specialised consulting company of the HashKey Group, to introduce XRP Ledger (XRPL)-powered enterprise solutions to the Japanese market.
30/04/2024
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Representatives of the African Development Bank (AfDB), African Fertiliser Financing Mechanism (AFFM), the Government of Norway and Apollo Agriculture at the Nairobi launch of the ‘Financing for Sustainable Agriculture Management Project’.
30/04/2024
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UK Export Finance (UKEF) publishes its new 2024-29 Business Plan, setting out its intention to help firms win over £12.5bn in new business by 2029. The export credit agency also aims to support £10 billion in clean growth financing over the next few years and mobilise a further £10bn to support business in developing markets. Plan includes more financing opportunities for smaller businesses alongside a commitment to support 1,000 SMEs a year by 2029.
30/04/2024
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How to ensure resilient software for financing receivables
30/04/2024
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In the wake of an economic downturn, Central and Eastern European (CEE) countries witnessed a dramatic surge in company insolvencies throughout 2023. While businesses initially weathered the storm thanks to government support measures during the pandemic, the subsequent withdrawal of these initiatives combined with macroeconomic pressures drove insolvency rates to new heights.
29/04/2024
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Wells Fargo Commercial Finance has recently provided US$110m senior credit facility to Mountain Ridge Capital (MRC) and Alpine Ridge Funding (ARF). Backed by Arena Investors, both MRC and ARF are independent asset-based lending and factoring providers on the North American market.
29/04/2024
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The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, commenced the first day of the 49th IsDB Group Annual Meeting with a series of strategic meetings and important signings.
29/04/2024
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Finacity Corporation, a White Oak Global Advisors Company, (Finacity) announced that it has successfully facilitated a US$150m receivables securitisation program for one of the world's largest air cargo operators.This transaction is structured as a multi-currency and multi-country transaction and includes billed and unbilled trade receivables originated by the company.Finacity acted as the administrator providing structuring and execution support and is responsible for ongoing program administration and reporting.About Finacity
29/04/2024
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The European Bank for Reconstruction and Development (EBRD) and Tajikistan have agreed to cooperate on gender equality and support for women’s entrepreneurship.
29/04/2024
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To increase access to finance for small businesses in Indonesia and boost digital inclusion in Thailand, IFC today announced an initiative with KB Kookmin Card Co. (KBC), a leading credit card-issuing company in the Republic of Korea, to support the company's small and medium enterprise (SME) and mobile financing growth in the two countries.
29/04/2024
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