Traditional factoring is when a company wants to borrow against receivables, ie money owed to them for supplying a product or service. Reverse factoring is when a company owes money and it wants to delay making that payment. For example, a company is much better off, in cash flow terms, if they can make the
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Solar window product manufacturer ClearVue Technologies (ASX: CPV) is poised to enter the Scandinavian market following an exclusive Collaboration Agreement with Swedish micro-home developer Attefallshus. The agreement will see Attefallshus apply ClearVue’s patented solar technology into glass surfaces which provide a source of renewable energy. “We are very much looking forward to collaborating with the
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Buy-now-pay-later (BNPL) service provider Splitit Payments (ASX: SPT) has secured a new partnership with US eCommerce provider Ally Commerce which has already commenced offering the BNPL service for its online enterprise merchants. Differing from the individual brand approach employed by ASX darling Afterpay (ASX: APT), Splitit instead has been sewing up a series of strategic
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Fluence Corporation (ASX: FLC) has advanced with a major inroad into the lucrative China wastewater market, securing a contract to deliver their proprietary SUBRE wastewater treatment system. The contract was secured via Liaoning Huahong New Energy Co and will see the delivery of a 3,000 m3/day SUBRE system in Panjin, China and assist the Panjin
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Investor Hugh Honey was left disappointed on two fronts when he attempted to exchange his stock in Candy Club (ASX: CLB) for store credit. Participating in the IPO which listed on the ASX in January 2019, Honey was always a big fan of Candy Club and it’s pleasures, so had no hesitation participating upon hearing
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Australian plant-tech company Nanollose Ltd (ASX: NC6) has partnered with global wet wipes manufacturer Codi Group to develop an eco-friendly wipes product, a market which has traditionally been dependent on oil-based raw materials. The Cooperation Agreement stems from a trial batch of Nanollose’s Tree-Free fibre which was sent to Codi earlier in the year for
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