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Europe

Factoring company PayRay gets banking license in Lithuania

Following the assessment and proposal of the Bank of Lithuania, the European Central Bank granted... (more…)

#bank#banks#smes

Finacity facilitates up to €15m receivables financing program for...

Finacity Corporation (Finacity), part of the Greensill family of companies, announced that it has facilitated a €15m receivables financing facility…

#receivables financing


UK SMEs further stretched by late payments

Although fewer invoices were paid late in 2019, those that were paid late took twice as long as in 2018,…

#invoice#MarketFinance#payment terms


Uwe Müller is leaving Targobank

Factoring specialist Uwe Müller changed last summer from... (more…)

#bank#management


Gracher nominates new head of factoring

The German credit and surety broker, Gracher, nominates... (more…)

#bank#insurance#receivables


SCF – a growth tool for emerging markets

Corneliu Robu, head of client relations at VTB Factoring, board member for GetFinance... (more…)

#commercial finance#emerging markets#platforms


EBRD raises trade financing limit for Ukrgasbank to US$80m...

The European Bank for Reconstruction and Development (EBRD) has increased trade financing... (more…)

#bank#exporters#guarantees


Senior hire at Secure Trust Bank Commercial Finance

Secure Trust Bank Commercial Finance has bolstered its senior team in the... (more…)

#bank#commercial finance#Lloyds Bank


Research shows UK newer companies look more to alternative...

Alternative lender ThinCats surveyed more than 500 medium sized... (more…)

#SMEs finance


Aldermore expands regional specialist finance team

Aldermore has strengthened its regional specialist finance presence with the appointments of... (more…)

#Aldermore


Italy’s BFF Banking looks to expand factoring services in...

Italy’s BFF Banking Group is looking to expand its factoring services to public... (more…)

#BFF#BFF Banking Group#Clear


Retailers promote SCF to support their suppliers 

Ronald Molenaar, manager business controlling at Dutch supermarket chain... (more…)

#supply chain finance

Close Brothers Business Finance makes new appointments to ...

Close Brothers Business Finance has appointed two business development managers to drive growth... (more…)

#bank#business finance#commercial finance

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