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Europe

Two banks sign cooperation agreement to finance SMEs in...

...have signed a cooperation agreement to jointly finance small and medium-sized enterprises (SMEs) and small mid-cap companies in Denmark... (more…)

#bank#credit risk#Paid

UK private bank launches ABL business targeting SMEs

Private bank ... has entered the SME asset-based lending (ABL) space with the launch of its business ... (more…)

#bank#commercial finance#invoice


Irish credit guarantees fall short of target

The Irish government’s credit guarantee scheme has facilitated just €72.5 million of new lending in more than... (more…)

#bank#guarantees#invoice


Staffgroup receives £12m cross border receivables funding line

...has supported the growth ambitions of European recruitment company, Staffgroup, with a £12m receivables funding... (more…)

#ABN AMRO#commercial finance#Flexible Funding


RBS asset and invoice finance income down 7.5%

RBS Group’s asset and invoice finance income was down... (more…)

#bank#FCA#invoice


New financing options for SME to emerge – Romania’s...

The draft bill for the creation of the Romanian Development Bank was approved by the Senate... (more…)

#bank#financial institution#guarantees


Reshuffle at the top for UniCredit Germany

Jan Kupfer, currently global co-head of global transaction banking (GTB) for UniCredit, has been appointed head of ... (more…)

#bank#international#International Trade


Latvian SMEs have good access to finance according to...

In general, small and medium-sized enterprises (SMEs) in Latvia have good access to financing for growth, according to the latest…

#Access to Finance#bank#crisis


Russian factoring association reports 2017 results

The Association of Factoring Companies (AFC) just published the statistical information on Russian factoring market in 2017. For the first…

#credit risk#exporters#factoring results


UK P2P lending soars but SMEs generally wary of...

Peer-to-Peer business lending and other forms of alternative business finance saw significant growth last year, but an aversion to external…

#bank#business finance#digital


UK SMEs are losing over £9bn through invoice fraud...

Recently published research states that 58 per cent of SME owners think the impact of modern-day invoice fraud on their…

#GDPR#invoice#smes


Italian factoring activity up in 2017

Factoring, a business that represents around 13% of GDP in Italy, confirms its fundamental role in supporting local companies to accelerate ...…

#ASSIFACT#commercial finance#EU Federation

Factoring continues to increase in Germany according to BMF

In 2017, the volume of purchases made by SMEs was 9.5 per cent higher than in the previous year, according…

#BFM#JITpay#receivables

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