Weekly Receivables Finance News from BCR

TOP STORIES

BYD’s heavy reliance on supply chain finance sparks debt concerns

BYD Co., the world’s leading electric vehicle (EV) manufacturer, is under scrutiny for its financial practices, particularly its reliance on supply chain financing to manage cash flow and fund expansion.

SMEs grapple with reliance on high-cost credit mid economic challenges

Small and medium enterprises (SMEs) are at the heart of economic dynamism in the US, Canada, and the UK, driving job creation and innovation.

eCapital delivers US$35m factoring solution to logistic provider

eCapital, a leader in financing solutions for small and medium businesses across North America and the UK, has granted a US$35m factoring facility to a major logistics company.

DF Capital and Satago ink strategic partnership to expand invoice discounting

TruFin is pleased to announce that Satago has formed a strategic partnership with DF Capital, a specialist bank providing working capital solutions to dealers and manufacturers across the UK.

?OTHER STORIES

• AU Group expands in Grand Est with CSE Courtage acquisition
• SCOR appoints Henry Mummé-Young as Chief Underwriter
• Tarabut and EazyPay pioneering solutions to bridge the SME financing gap
• UK Delays Basel 3.1 implementation to 2027
• Trinity Capital Inc. provides US$12.5m in growth capital to Upward Health
• WFY’24: Businesses that use factoring in Netherlands have risen in 2023
• Prosper Africa and Afreximbank sign MoU to boost U.S.-Africa trade
• Pulse Cashflow appoints Adrien Cruiziat to Business Development role
• Validis secures strategic investment from Citi and Barclays
• British Business Investments announces a ￡20m funding facility with Sprk Capital
• Atradius comments on UK inflation rate
• Madad Financial Technologies receives sandbox entry approval from QCB
• Skipton Business Finance provides ￡2.5m invoice discounting facility to PEC Packaging
• nFusion Capital concludes US$8m factoring deal
• Manx Financial comments on UK inflation and GDP