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Africa : UBA United Bank for Africa (UBA) is celebrating its 75th anniversary. With a portfolio of over a million SME clients and a loan book of $90 million, the bank has been instrumental in ensuring that SMEs remain the engine of growth. The bank also ensures easy transaction processing through its UBA Afritrade and UBA Connect.
Invoice financing company MarketInvoice is enhancing its product offering through a new collaboration with Euler Hermes. Recent high-profile corporate failures reinforce the need to be increasingly aware of the risks of late or non-payment for goods and services provided on credit.”. Reports Thursday (Feb. 8) said the U.K.
Meanwhile, Aareal Bank launches a new B2B payments platform, Cobase teams up for FX and eCapital acquires a commercial lender. Germany's Aareal Bank Group Rolls Out B2B Payment Platform. Germany's Aareal Bank Group Rolls Out B2B Payment Platform. Sage Teams With Satago To Help SMBs Manage Cash Flow. 1) announcement. and Canada.
The solution offers value-added features like automatic COVID-19 travel alerts and riskanalysis, according to Business Travel News , while also enabling corporate travelers to remain within their firms’ travel policies.
“With the increased availability of business data, advances in machine learning and the growth of APIs to make integrations easier, Fundbox is bringing riskanalysis and on-demand access to capital directly at the point of the B2B transaction.
Fundbox Pay will let suppliers request payment on an invoice presented to a small business customer, and invite them to use credit via Fundbox to pay their it. Paying via Fundbox Pay has to be initiated by the supplier, which can send a link with an invoice for buyers to get on-boarded and complete payment.
“This is transforming the credit riskanalysis process. Instead of a market threatened by regulation, Rabie and Bertoli still view the Australian sector as one that provides a crucial service to SMEs that is currently lacking among traditional bank offerings. Australian businesses wait an average of 26.4
Another context you might see "pro forma" is in reference to pro forma invoices. A pro forma invoice is not a type of pro forma financial statement. Another, critical use case of pro forma financial statements is riskanalysis. You might take a financial statement, and move around certain variables.
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