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Business to business trade activity grew by 10% in the first quarter of 2021, but a recent surge in order volumes is creating fresh challenges for suppliers after a year of intense disruption, new transaction data from Tradeshift can reveal.
23/04/2021
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Inaugural index of iwoca reveals that over two in five brokers cite SMEs’ need to manage day-to-day cash flow as the main reason for submitting unsecured finance applications
22/04/2021
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Accord Financial Corp. (Accord) today announced that its Board of Directors has declared a quarterly dividend of $0.05 per share, payable June 1, 2021, to shareholders of record at the close of business May 14, 2021.
22/04/2021
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COVID-19 has led to the most severe economic downtrend in Northern Europe, and indeed across most of the world, for generations. Survey results estimate that 50% of Europe’s SMEs are at risk of bankruptcy during 2021 if revenues do not pick up. If SMEs fail en masse and default on their loans, the ripple effects will hit larger companies and could further compromise a global financial system already stressed by the pandemic.
22/04/2021
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Credijusto, a financial technology company focused on lending to small and medium-sized companies (SMEs) in Mexico, announced today the acquisition of Visor, a digital factoring and data analytics platform.
22/04/2021
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Secure Trust Bank Commercial Finance has closed 2020 with a balance of £230.7m, representing a 8 percent decrease compared to 2019. However, the final quarter of 2020 recorded a stronger growth resulted from a combination of new clients and expansion of existing client facilities, including the provision of the CBILS and CLBILS loan schemes.
22/04/2021
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Italian Banca Sella and Workinvoice have announced a partnership to develop end-to-end digital financial services for corporates.
21/04/2021
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The first estimates for the factoring industry worldwide in 2020 have been announced today by the FCI Secretary General.
21/04/2021
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An Indian blockchain start-up KoineArth has created a new platform marketsN in partnership with Tezos to enable enterprises to leverage non-fungible-tokens (NFTs) to add value to their supply chains.
21/04/2021
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Cautious optimism in the six-month revenue forecasts of Australia’s small business sector highlights SME resilience - although the recovery is still uneven and varies significantly by state and sector.
21/04/2021
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