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Europe

Bibby teams up with state-owned SBCI for new solution

SMEs often face difficulties accessing finance for the purchase of products or may be unable to obtain or agree... (more…)

#bank#financial services#guarantees

Estonian banks ‘still weak in control systems’ against money...

Banks in Estonia have not yet plugged all the gaps in their money laundering controls, the Baltic state’s regulator told…

#anti-money laundering


Advantedge secures Nick Gloyn to drive South West expansion

Advantedge Commercial Finance (Advantedge), announces they have secured Nick Gloyn as... (more…)

#Advantage Commercial Finance


Italian factoring achieved in 2018 third position on volume...

With a turnover of over €240bn in 2018 (+ 8.32%), equal to 14% of national GDP... (more…)

#ASSIFACT#commercial finance#EU Federation


UK SMEs favour invoice finance over business loans for...

Only one in 10 small- and medium-sized enterprises (SMEs) would use a traditional business loan to... (more…)

#cash-flow#funding#invoice


Number of Polish bankruptcies declined in May y/y

In May, 44 companies went bankrupt in Poland... (more…)

#bancruptcy


Bank of England backs data platform to boost SME...

The Bank of England said it will consult on developing a data platform that will store financial information from ...…

#bank#Bank of England#open banking


Industry comments on new powers of Small Business Commissioner...

The UK Government announced yesterday new powers for the Small Business Commissioner and responsibilities for company boards aimed at tackling…

#UK small business Commissioner


Tinubu Square appoints new Group Sales Director

Tinubu Square, a leading provider of credit insurance, surety and trade finance solutions, has announced the... (more…)

#Tinubu Square


UK big businesses face fines for late payment to...

For the first time large businesses could be fined for failing to pay smaller suppliers... (more…)

#management#payment practices#payment terms


International factoring as financial instrument to support development of...

Sergii Karasov1, legal adviser of the non-banking factoring company Faktoro, Lithuania... (more…)

#international factoring


BFS provides £5m working capital facility to delivery and...

Bibby Financial Services has provided a £5 million working capital facility to international delivery and logistics company... (more…)

#financial services#international#invoice

Positive Cashflow achieves three-year earn-out targets one year early

1pm plc, the AIM listed independent specialty finance provider, announces that its wholly-owned subsidiary... (more…)

#1pm

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