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Europe

Comments from the industry on Q4 2020 GDP increase...

The UK economy has avoided a double-dip recession at the end of... (more…)

#CBILS#Manx Financial Group#recession

Banca Sistema: profits down, factoring volumes up in 2020

Banca Sistema, a financial company specialising in purchase of trade receivables... (more…)

#Banca Sistema


Adamant Lane launches “LiquidityHub for Corporates” on their platform

Following the successful market implementation of ‘LiquidityHub for Factoring’, Adamant... (more…)

#ABN AMRO#cloud#financial services


Cubitt Trade Holdings acquires Calverton Finance

Cubitt Trade Holdings (Cubitt), the specialist UK based finance company are delighted to... (more…)

#Cubitt Trade Holdings


Half of SME Bounce Back Loan borrowers still likely...

Funding Xchange analysis suggests that half of the 1.4 million... (more…)

#bank#bank loan#liquidity


Manufacturer banned after abusing factoring agreement

Daniel Jon Knowles (36), from Bromsgrove, Worcestershire, was a director of HE Knowles (Manufacturing) Ltd. Incorporated in... (more…)

#factoring fraud


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…

#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

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