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Tradewind Middle East, a specialised trade financier, has finalised a US$5m deal with a multi-award-winning company that provides a wide spectrum of printing and allied services in Dubai, UAE.
28/06/2021
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The Commonwealth Bank of Australia (CBA) is launching a ‘self service’ invoice finance solution for SMEs based on a digital working capital platform through which small businesses can borrow against their unpaid customer invoices.
28/06/2021
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White Oak Commercial Finance (WOCF), an affiliate of White Oak Global Advisors, names Mike Earnhart as Senior Vice President, Managing Director of Originations. Mr. Earnhart will be based in Los Angeles with national coverage responsibilities.
28/06/2021
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In order to curb payment times for businesses with government supply chains contracts and encourage ethical payment practices, the Australian government has revealed a new policy to address the problem of late payments faced by small businesses. The new policy goes into effect in October this year.
28/06/2021
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In order to promote the development of China’s foreign trade and investment and support China’s Belt and Road initiative, China Export and Credit Insurance Corporation – SINOSURE - has opened it regional office at the Dubai International Financial Centre (DIFC). This is the first regional office of a Chinese insurer in the Middle East.
28/06/2021
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ArcelorMittal Nippon Steel, a joint venture between ArcelorMittal and Japan's Nippon Steel, executed India's very first "paperless bill discounting transaction" in partnership with ICICI Bank.
28/06/2021
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Finastra research reveals that Banking as a Service (BaaS) and embedded banking services are set to have a notable impact on the industry in the next 12 months. Whilst all markets broadly anticipate this trend - 85% of respondents at global financial institutions - Hong Kong (92%), the UAE (90%) and Singapore (87%) expect the impact to be greatest.
28/06/2021
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Time Finance announces they have appointed Rob Walters as Business Development Manager in their Invoice Finance division.
28/06/2021
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White Oak Commercial Finance, LLC (WOCF), an affiliate of White Oak Global Advisors, LLC, announced it provided a US$10m non-recourse factoring facility to a manufacturer and importer of private label apparel products.
25/06/2021
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The Nigerian Content Development and Monitoring Board (NCDMB) and Nigerian Export-Import Bank (NEXIM) signed yesterday in Abuja a memorandum of understanding on the administration of US$30m working capital fund for oil and gas service companies.
25/06/2021
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