Monthly Archives: August 2021

Credible Leading Working Capital FinTech Platform Appoints Ranjit Singh as Executive Vice President and Chief Credit Officer

“Given the ever-changing requirements of MSMEs, Ranjit’s role is to ensure that the credit and risk framework will allow CredAble to create financial inclusion in real time. He will lead this initiative by designing innovative and flexible credit models that are transactional in nature as opposed to the traditional balance …

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CASISF’s alternative security program frees up $ 6.8 billion in working capital for California businesses

OAKLAND, california, August 10, 2021 / PRNewswire / – The Board of Directors of the California Self-Insurers’ Security Fund has approved and implemented the 2021/22 Alternative Security Program (ASP), which releases $ 6.8 billion in working capital and provides California greater financial flexibility for self-insured companies. The ASP is the …

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Working capital in the “new normal”

If anything positive has come out of the Covid-19 pandemic, it could be the new focus of businesses on managing working capital at all levels of the organizational structure. The Hackett Group recently released its 2020 Trend Analysis of the Cash Conversion Cycle of Businesses. The results are not surprising …

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Sunway Shopping Malls Facilitate Up To RM200 Million In Working Capital To Help Retailers As Pandemic Creates ‘Cash Crisis’

KUALA LUMPUR (August 2): Sunway Malls announced today that it will facilitate up to RM 200 million in working capital to support its retailers through financing facilities provided by RHB Banking Group and Credit Guarantee Corporation Malaysia Bhd (CGC). The financing facilities – the Sunway Malls SME Retailers Relief Financing …

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