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Europe

Ukraine unveils €1.5bn trade reinsurance scheme to unlock financing...

Ukraine has launched a €1.5 billion trade reinsurance mechanism aimed at restoring access to trade finance and supporting cross-border commerce amid ongoing geopolitical disruption. The scheme, led by national export credit agency Kuke, is designed to de-risk transactions and encourage...

#export credit agency#reinsurance#risk mitigation

BCRS Business Loans drives £53m economic impact as SME...

BCRS Business Loans has generated more than £53 million in economic impact across the West Midlands and Wales, as lending…

#BCRS#British Business Bank#community lending


Scrap metal firm expands with acquisition backed by community...

Total Metal Recovery has expanded its operations by acquiring skip hire firm A-Z Skips, supported by funding from ART Business…

#acquisition finance#ART#BCRS


UK insolvencies rise as unpaid invoices and energy costs...

UK business insolvencies have increased by 7% month-on-month, highlighting mounting pressure on SMEs as cashflow conditions tighten. Businesses are now…

#Bibby#Cash flow#insolvency


Ebury targets private markets with new treasury and FX...

Ebury has partnered with the Global Emerging Manager Institute (Global EMI) to expand its treasury, FX and cash management offering…

#cash management#Ebury#FX


UKEF backs £128mn export finance deal for Indonesia submarine...

UK Export Finance (UKEF) is backing a £128mn export finance deal to support the delivery of a submarine rescue system…

#ECA#export finance#Indonesia


Time Finance Grows Invoice Finance Team With New Appointment

Independent SME lender, Time Finance, has appointed Ria Seward as a Relationship Manager within its Invoice Finance division. Ria joins…

#invoice finance#SME lending#Time Finance


Commodity trader collapse raises fresh trade finance exposure concerns

A commodity trading firm has entered administration, raising fresh concerns over counterparty risk and exposure across trade finance markets. The…

#commodity trader#counterparty risk#insolvency


UK Supreme Court: banks can refuse LC payments due...

The UK Supreme Court has ruled that banks can refuse to make payments under letters of credit where sanctions restrictions…

#LC#Letters of Credit#sanctions


Time Finance urges tougher enforcement of late payment reforms

Time Finance has welcomed the UK government’s new crackdown on late payments, but warned that the reforms will need stronger…

#Ed Rimmer#late payments#sme finance


Payment delays continue to strain SMEs despite new UK...

Despite new UK government measures aimed at tackling late payments, SMEs continue to face significant pressure from delayed invoice settlements,…

#invoice finance#late payments#receivables finance


EBRD-backed supply chain finance push targets SME funding gap...

The European Bank for Reconstruction and Development (EBRD) is stepping up support for supply chain finance in Central Asia, as…

#EBRD#scf#sme finance

Banks continue retreat from SME lending as funding gap...

Banks are continuing to scale back lending to small and medium-sized enterprises (SMEs), contributing to a widening funding gap in…

#alternative finance#bank lending#factoring

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