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Europe

Italian state guarantees extended to assignments of receivables

The system of state guarantees for loans extends as well to factoring... (more…)

#assignment#assignment of receivables#guarantees

EU approves Dutch guarantee scheme to stabilise trade credit insurance...

The European Commission has approved, under EU State aid rules, a Dutch guarantee scheme... (more…)

#guarantee#liquidity#risk


Leumi UK appoints new Chief Operating Officer

Multi-specialist bank Leumi UK, has appointed George Evans as... (more…)

#Leumi UK


Covid-19 crisis calls for an agile approach for accounts...

The Covid-19 crisis has caused ripple effects across all organisational operations – and ... (more…)

#accounts payable


Half of Coronavirus Business Interruption Loans now approved

We have previously reported on the lack of applications being accepted under... (more…)

#bank#financial services#invoice


‘Factoring is more flexible financing compared to bank loan’

Due to the economic impacts of the corona virus, companies in Netherlands are looking for funding. It is now more important than ever…

#alternative financing#bank#bank loan


Close Brothers’ invoice finance records lower utilisation levels due...

A strong performance in Close Brothers Group’s securities division partially offset the impact of the... (more…)

#Coronavirus#IFRS 9#invoice


IAIFA publishes 2019 receivables finance results

The seven banks and non-bank lenders that provide 'invoice finance' in Ireland expect demand to grow as firms reopen after…

#bank#commercial finance#interest rates


Sports nutrition business announces new £8m invoice finance facility

Science in Sport, the AIM-listed sports nutrition group, has secured a new... (more…)

#bank#Coronavirus#COVID-19


Corporate LinX announces new collaboration with Sodiaal Group

Sodiaal, the first French dairy cooperative, known for its brands, Candia, Entremont, Yoplait... (more…)

#Corporate Linx


Tradeteq calls for government action to improve trade finance...

Tradeteq, the London-based provider of technology and software solutions to the trade finance industry, has... (more…)

#Tradeteq


Deutsche Bank provides US$800m ABL facility to Arconic

Deutsche Bank served as administrative agent on a new US$800m asset-based credit facility for... (more…)

#Deutsche Bank

COVID-19 affects businesses’ cash flow

With almost 3m people infected by the COVID-19 coronavirus and... (more…)

#COVID-19

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