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Europe

Madrid and Amsterdam-based fintech raises €3m for its SCF solution

Madrid and Amsterdam-based Twinco Capital is a fintech company that aims to build competitive and socially responsible supply chains. It engages with large corporates to offer their suppliers access to affordable funding, from purchase order to final invoice payment. In...

#Twinco Capital

BMF study: SME financing, strategies and obstacles in times...

49% of SMEs want to loosen their ties to their house bank,... (more…)

#bank#BFM#invoice


Director handed 10-year ban for creating fake invoices

Pure Point was incorporated in April 2009 and Russell Ivan Murch... (more…)

#fake invoices#insolvency#management


French factoring market reports worst drop in 30 years

Factoring companies saw their activity decline by almost 9% in the first nine months of... (more…)

#bad debts#bank#invoice


Credit Guarantee Scheme expected to dominate SME lending this...

Loans underwritten by the Government’s €2bn Covid-19 Credit Guarantee Scheme are likely to dominate... (more…)

#SME lending


European Commissions announces new amendments to COVID-19 Temporary State...

On January 28 2021, the European Commission amended its... (more…)

#European Commission


Factris attracts €5m finance from a private debt fund

Amsterdam-based fintech Factris has recently closed a funding round... (more…)

#Factris


Company insolvencies set to rise in Poland in 2021

The number of corporate insolvencies in Poland will increase by... (more…)

#insolvencies


Arbuthnot Commercial ABL hires new Business Development Director

...has joined Arbuthnot Commercial Asset Based Lending (ABL) as Business Development Director... (more…)

#Arbuthnot Commercial ABL


Ultimate Finance’s SME lending exceeds £1.5bn

Specialist asset-based lender Ultimate Finance provided in excess of ... (more…)

#international#invoice#SME lending


Nucleus Commercial Finance acquires £200m funding line

Nucleus Commercial Finance, reports that it has secured a £200m funding line, which should... (more…)

#Nucleus Commercial Finance


IGF appoints Yorkshire ABL director

Commercial finance provider Independent Growth Finance (IGF) has appointed a new ABL director in Yorkshire.Michael Ward spent 17 years at…

#bank#commercial finance#IGF

KOMGO and MITECH extend their cooperation

KOMGO and MITECH formally announce having extended... (more…)

#Komgo#Mitech

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