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COVID-19’s impact on the factoring industry

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23/03/2020

Mark Mandula, Editorial Board Member of TRF News and Chief Marketing Officer, United Capital Funding Group, discusses...

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NoviCap triples its financing in factoring and confirming in 2019 and announces expansion plans

23/03/2020

The Spanish fintech...financed €210m through factoring and confirming solutions in...

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Fintech factoring company cease business in Germany

23/03/2020

The fintech company...just announced that it will leave the...

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Spanish bank applies financing aid measures to SMEs and large companies

23/03/2020

Bankia's President, José Ignacio Goirigolzarri, has indicated that “banks now have to...

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Invoice factoring firm lined up for acquisition

23/03/2020
UK

Terms have been agreed on a potential reverse takeover acquisition of an invoice factoring...

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Factris secures €1.4m to fuel development of risk management system

20/03/2020

Amsterdam-based fintech Factris has secured a €1.4m from the EU for boosting...

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Late payments costing Leeds businesses £10,000 a month

20/03/2020
UK

Analysis has revealed that the average small business in Leeds is owed £10,4001 in late payments at the end of any...

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Chevron blamed for Australian early supplier payment program

20/03/2020

An early payment scheme by US energy giant Chevron ...

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HSBC launches digital trade finance solution for online merchants in Hong Kong

20/03/2020

Bank aims to make loans more accessible by catering to fast-changing needs of...

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Half of UK & US firms predict a recession in 2020 and a third predict a global recession

20/03/2020

Just under half of firms in the UK (46%) and US (45%) predict their country will go into recession...

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