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The half-year results for Secure Trust Bank asset finance have shown a ‘contraction’ in asset book lending, a year-on-year drop of 21% to £87.9m (€98.58m), down from £111.5m (€125m). Invoice finance lending balances grew year-on-year to £187.5m from £94.2m. During...
#bank#invoice#risk
"The advent of fintech has bought a fresh dynamic to lending allowing borrowers to access cash quickly... (more…)
#invoice finance fraud
...an alternative finance provider, has expanded their business in Ireland with two new appointments... (more…)
#financial services#international#management
The Association of Factoring Companies (AFC) published performance indicators of Russian factoring activity for the first ... (more…)
#credit risk#exporters#international
Restructuring in the retail industry and maintaining capital controls were important factors... (more…)
#commercial finance#factoring industry#GDP
Competition from alternative lenders is driving banks to boost lending amounts for businesses... (more…)
#SMEs lending
The Manchester-headquartered commercial finance arm of ... has doubled its lending over... (more…)
#commercial finance
The Board of Directors of ...have decided to proceed with a merger by ... (more…)
#acquisition#Credit Agricole#Creval
Non-bank companies provided more finance to the economy, according to the ... (more…)
#bank#economy#funding
...a Cypriot public company, announced the launch of factoring services... (more…)
#economy#financial services
The Zurich-based fintech startup Advanon has been hit by CHF 2.4m (US$2.41m) fraud scheme. In a statement, the startup said that a Swiss…
Following a new financing round earlier this year and Nesta’s Open Banking prize last year, London based invoice finance provider...…
#bank#invoice#open banking
Jeff Longhurst announces his decision to retire as Managing Director, Membership, Events & Training at... (more…)
#asset based finance#assignment#invoice