Factoring

EQS-News: DF Deutsche Forfait AG publishes 2022 half-year figures

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星期五, 九月 30, 2022

Grnwald, September 30, 2022 - DF Deutsche Forfait AG (ISIN: DE000A2AA204) today published its half-year financial statements for 2022.

Key Points: 
  • Grnwald, September 30, 2022 - DF Deutsche Forfait AG (ISIN: DE000A2AA204) today published its half-year financial statements for 2022.
  • Gross profit improved to EUR 4.9 million in the first half of 2022 (H1 2021: EUR 4.1 million).
  • Dr. Behrooz Abdolvand, CEO of DF Deutsche Forfait AG: "The business development in the first half of 2022 is very satisfactory and has noticeably exceeded our expectations.
  • DF Deutsche Forfait focuses on food, pharmaceutical, healthcare, industrial companies, energy and infrastructure sectors.

Policygenius Releases August 2021 Life Insurance Price Index

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星期三, 八月 4, 2021

NEW YORK, Aug. 4, 2021 Policygenius, the nation's leading online insurance marketplace, announced today the August data release of the Policygenius Life Insurance Price Index , which displays average monthly life insurance rates using current data from leading life insurance carriers.

Key Points: 
  • NEW YORK, Aug. 4, 2021 Policygenius, the nation's leading online insurance marketplace, announced today the August data release of the Policygenius Life Insurance Price Index , which displays average monthly life insurance rates using current data from leading life insurance carriers.
  • The August index shows that life insurance prices remained stable from July to August 2021, with a negligible decrease for non-smokers of every demographic.
  • Life insurance prices are primarily based on life expectancy, factoring in personal details about an individual, including age, medical history and hobbies.
  • The prices included in the Policygenius Life Insurance Price Index are based on internal actuarial rate tables for 11 of the life insurance carriers that offer policies through the Policygenius marketplace.

TAB Bank Provides Chemical Manufacturer in Texas with a $9 Million Asset-Based Credit Facility

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星期二, 八月 3, 2021

OGDEN, Utah, Aug. 03, 2021 (GLOBE NEWSWIRE) -- TAB Bank is pleased to announce it has provided a chemical manufacturer in Texas with a $9 million asset-based credit facility comprised of a $6 million accounts receivable and inventory line plus a $2 million equipment loan with additional equipment funding available for future CapEx needs.

Key Points: 
  • OGDEN, Utah, Aug. 03, 2021 (GLOBE NEWSWIRE) -- TAB Bank is pleased to announce it has provided a chemical manufacturer in Texas with a $9 million asset-based credit facility comprised of a $6 million accounts receivable and inventory line plus a $2 million equipment loan with additional equipment funding available for future CapEx needs.
  • The new facility is extended through a multi-year agreement and will provide for the companys ongoing working capital needs.
  • TAB Bank provides custom working capital solutions to commercial businesses across a wide range of industries.
  • TAB Bank does this through a variety of asset-based structures including Asset-Based Revolving Loans, Accounts Receivable Financing, Lines of Credit, and Equipment Finance.

2021 Industry Report on Corporate Travel Services - ResearchAndMarkets.com

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星期二, 八月 3, 2021

The "Corporate Travel Services - Industry Market Research Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Corporate Travel Services - Industry Market Research Report" report has been added to ResearchAndMarkets.com's offering.
  • Operators in the Corporate Travel Services industry provides travel services for employers and employees who are travelling for business purposes.
  • This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors.
  • Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Creatd, Inc. Benefits from Substantial Debt Conversion and Warrant Exercise Activity During July 2021

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星期一, 八月 2, 2021

Moreover, during July 2021, the Company received cash proceeds of approximately $4.2 million from the exercise of warrants at a price of $4.50, also above market.

Key Points: 
  • Moreover, during July 2021, the Company received cash proceeds of approximately $4.2 million from the exercise of warrants at a price of $4.50, also above market.
  • Commented Creatd CEO Jeremy Frommer, "During July, we made great progress towards our objective of strengthening our balance sheet.
  • With top line growth, manageable debt, and a healthy cash level, we have no immediate need to raise additional funds.
  • New factors emerge from time to time, and it is not possible for us to predict all of such factors.

Facevalue Launches Pan European Online Factoring Solution For SMEs

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星期一, 八月 2, 2021

HILVERSUM, Netherlands, Aug. 2, 2021 /PRNewswire/ --Dutch FinTech Facevalue introduces a unique Accounts Receivable Finance solution for European SMEs that challenges traditional factoring.

Key Points: 
  • HILVERSUM, Netherlands, Aug. 2, 2021 /PRNewswire/ --Dutch FinTech Facevalue introduces a unique Accounts Receivable Finance solution for European SMEs that challenges traditional factoring.
  • Facevalue offers complete flexibility to its clients to determine which receivables they want to sell and charge no fixed fees.
  • Most factoring solutions to SMEs require that the business sell all their outstanding accounts receivables to the Financier for a fixed period, usually two years that includes high fixed costs.
  • Prior to the launch of its SME solution, it has been servicing the corporate mid-market in collaboration with Global Transaction Banks.

Factris Continues to Grow Despite Declining Factoring Trend

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星期四, 七月 29, 2021

AMSTERDAM, July 29, 2021 /PRNewswire/ -- Fintech company Factris has published their results from the first half of 2021, revealing substantial growth in their factoring services compared to 2020. According to the global financing body FCI report, this growth stands in contrast with the rest of the factoring in the EU, which declined roughly 7% during the pandemic.

Key Points: 
  • This was accompanied by an increase of 58% in the number of invoices financed, capturing a 35% growth YoY.
  • Factris grew despite the downturn thanks to their constant technological advancement.
  • Factris was actively developing proprietary technologies well before the pandemic, such as their own platform designed purely for factoring and an AI-powered risk-assessment system funded by the EU.
  • To continue to foster growth during an uncertain financial atmosphere, Factris recently announced the addition of a new advisory board member, Rob Oudman.

Factris Continues to Grow Despite Declining Factoring Trend

Retrieved on: 
星期四, 七月 29, 2021

AMSTERDAM, July 29, 2021 /PRNewswire/ --Fintech company Factris has published their results from the first half of 2021, revealing substantial growth in their factoring services compared to 2020.

Key Points: 
  • AMSTERDAM, July 29, 2021 /PRNewswire/ --Fintech company Factris has published their results from the first half of 2021, revealing substantial growth in their factoring services compared to 2020.
  • Factris grew despite the downturn thanks to their constant technological advancement.
  • Factris was actively developing proprietary technologies well before the pandemic, such as their own platform designed purely for factoring and an AI-powered risk-assessment system funded by the EU.
  • To continue to foster growth during an uncertain financial atmosphere, Factris recently announced the addition of a new advisory board member, Rob Oudman.

Factor Launches 'Factor Connect' Partnership Program to Accelerate Innovation

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星期三, 七月 28, 2021

NEW YORK, July 28, 2021 /PRNewswire-PRWeb/ -- In another step toward broader collaboration with the global legal ecosystem, New Law pioneer Factor today announced its inaugural partnership program, Factor Connect , bringing together world-class legal technology providers and specialists to help accelerate innovation in the delivery of legal services.

Key Points: 
  • NEW YORK, July 28, 2021 /PRNewswire-PRWeb/ -- In another step toward broader collaboration with the global legal ecosystem, New Law pioneer Factor today announced its inaugural partnership program, Factor Connect , bringing together world-class legal technology providers and specialists to help accelerate innovation in the delivery of legal services.
  • Factor's partner program launches today with an initial cohort of five participating companies, whose tools Factor has thoroughly tested and validated both internally and among clients for effectiveness and fit with Factor's methodologies.
  • Factor will work with:
    Acadia , offering digitization and regulatory compliance services for financial services documentation with secure and scalable methods.
  • "Coming together today is just the beginning announcing our partnership program is also an open invitation to the market to come and work with us."

UK Budget Hotels Market Research Report 2021 Featuring Whitbread & Travelodge - ResearchAndMarkets.com

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星期一, 七月 26, 2021

The "Budget Hotels in the UK - Industry Market Research Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Budget Hotels in the UK - Industry Market Research Report" report has been added to ResearchAndMarkets.com's offering.
  • This industry is comprised of establishments that provide short-term, budget-priced accommodation to UK residents and international guests.
  • This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors.
  • Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.