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Europe

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 and focus on long-term profitability, with an orderly wind-down of non-strategic client portfolios, particularly in the UK, and a reorganisation...

#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


Reward Funding hits £300m lending milestone

Reward Funding, the original leader in the alternative finance industry, has surpassed a £300m loan book milestone for the first…

#alternative finance#milestone#Reward Funding


EBRD, EU and Bank Respublika to support Azerbaijani MSMEs

The European Bank for Reconstruction and Development (EBRD) is extending a loan of up to US$7.5m (€7m) in local currency…

#Bank Respublika#EBRD#European Fund for Sustainable Development Plus

Ultimate Finance increases Working Capital loans to £500k

UK’s asset-based lender Ultimate Finance has announced an enhancement to its Working Capital proposition by increasing its maximum cashflow loan…

#asset based finance#asset based lending#sme finance

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