Low-cost airline SpiceJet has announced that it will raise Rs 2,500 crore to finance its working capital needs. “The intensity with which the second wave of Covid-19 has struck and the unimaginable havoc it has caused, both to the already battered travel industry and in general, will take time to …

The Nigerian Content Oversight and Development Board (NCDMB) and the Nigerian Import-Export Bank (NEXIM) signed a memorandum of understanding in Abuja on Wednesday to administer a working capital of $ 30 million for oil and gas service companies. The Fund was designed by the NCDMB to support the operations of …

By Obas Esiedesa – Abuja The Nigerian Content Development and Oversight Council, NCDMB, has set up a working capital of $ 30 million to support indigenous oil and gas companies. The fund, according to the NCDMB, will support the operations of local oil companies against the adverse effects of the …

The unified platform provides businesses with a single interface to meet their unique working capital needs. With supply chain financing and dynamic discounting, buying companies can provide their sellers with advance payments using their own balance sheet or third-party financing. With the integrated AR funding FastTrack feature, selling companies can …

The Fintech FlexiLoans.com platform has partnered with Retailio, a business-to-business healthcare marketplace, to provide working capital loans to its more than 1,000,000 retailers and distributors across the country. This partnership aims to fund more than 15,000 pharmaceutical retailers over the next 18 months. Deepak Jain, co-founder of FlexiLoans, said: “The …

First of all, what do we really mean by working capital? Working capital is money tied up with debtors (customers who haven’t paid yet) and inventory minus what you owe your suppliers (creditors). The important point to understand is that as the business grows, the need for working capital will …

Lack of revenue, reduced or redirected customer demand, liquidity pressures, debt collection headaches – on the working capital front, 2020 has put financial services to the test. What is the overall performance of the largest American companies? Many, especially those with influence in the market, have improved their working capital …

LONDON, Ontario – (COMMERCIAL THREAD) –Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune“or the”Society”) (Www.fortuneminerals.com) is pleased to announce that it has closed a private placement of units, consisting of one common share of the Company and one half warrant. A total of 3,871,426 units were issued at a price …

“Working Capital Management Market” study by “Insight partners”Provides details on market dynamics affecting the market, market scope, market segmentation and overshadows major market players, highlighting the favorable competitive landscape and prevailing trends over the years. This report contains a comprehensive analysis of the market and is assessed using validated volume …

While the story of Indian FMCG’s value creation over the period 2010-2020 has been primarily driven by good earnings growth, we note cases (Emami and GSK Consumer) where accelerated value creation has been driven by improving working capital (WC) (and therefore a higher OCF / FCF). In this report, we …