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Europe

Stenn defends against HSBC application to appoint administrators for...

London-based invoice finance fintech Stenn is confronted with legal action from HSBC. According to a release, HSBC Innovation Banking has made an application on behalf of the fintech Stenn to appoint administrators. There are two fillings, according to the same...

#HSBC#HSBC Innovation Banking#Stenn

Mike Freebury is appointed as Head of Sales in...

Time Finance is announcing that Mike Freebury (pictured) has taken up the role within its invoice finance division as Head…

#asset based lending#Mike Freebury#Phil Chesham


Pulse Cashflow appoints Matt Harding as BDM

Pulse Cashflow Finance have announced today that they have appointed Matt Harding (pictured) to the role of Business Development Manager…

#Business Development Manager#Matt Harding#Pulse Cashflow Finance


ABN AMRO announces strategic realignment

ABN AMRO has announced a significant strategic shift in its Asset-Based Finance (ABF) division, aiming to reduce its international footprint…

#ABN AMRO#asset based lending#factoring


British Business Bank increases ENABLE funding for Simply Asset...

The British Business Bank has announced an increase to its ENABLE Funding commitment to Simply Asset Finance (“Simply”), one of…

#asset based lending#British Business Bank#invoice finance


Santander CIB and Pemberton launch Invensa for supply chain...

Santander Corporate & Investment Banking (“Santander CIB”), Santander’s global division that supports corporate and institutional clients, and Pemberton Asset Management…

#Inventory finance#Santander CIB#supply chian finance


Aldermore provides ABL support for Astwood Group’s acquisition of...

Aldermore Bank has provided a multi-million-pound asset-based lending (ABL) facility to Michael Capewell’s Astwood Group, enabling the acquisition of T.D.…

#ABL#Aldermore#sme finance


iwoca achieves LSB business standards registration

Recognition for iwoca’s commitment to SME lending The Lending Standards Board (LSB) announced that iwoca, one of Europe’s largest SME…

#iwoca#sme finance


BBB increases funding to social impact sector lenders

The British Business Bank (BBB) launches the Community ENABLE Funding (CEF) programme, which is designed to increase the availability of…

#British Business Bank#Community Funding programme#debt finance


WFY’24: Only four banks offered factoring services in Georgia...

While still relatively new to the Georgian market, factoring has seen a notable increase in popularity in recent years, especially…

#factoring#Georgian factoring market#Tamara Khizanishvili


FactorPay launches factoring operations on Romanian market

FactorPay IFN SA (FactorPay), a Romanian-based non-bank financial institution, has launched its factoring operations for local micro-small and medium sized…

#bank#financial institution#invoice


YouLend data shows UK SMEs turn to embedded financing

YouLend, the leading global embedded financing platform, reports today that a growing number of UK SMEs are turning to embedded…

#embedded financing#integrated financing solutions#sme finance

EBRD lends €13m to ProCredit Bank in Kosovo

EBRD is providing funding to ProCredit Bank Kosovo for two projects, with financing totalling €13m: A senior loan of up…

#EBRD#ProCredit Bank Kosovo#sme finance

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