BNL-Group BNP Paribas, Ifitalia and Fincantieri have signed a reverse factoring agreement which enables firms working with Fincantieri to unfreeze credit and draw on additional liquidity. The agreement, which reflects the close attention which Fincantieri pays to its network of suppliers, makes available to companies which work with the shipbuilding group additional liquidity – through BNL - in proportion to their supply contract, to improve both their cash flow and their balance sheet indices.
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September 7, 2010 ~ worldmaritimenews.com ~ 
