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Europe

UK Bank allocates £30m for asset-backed lending

...has committed £30m to asset-backed lending in an effort to shore up small business funding as Brexit approaches... (more…)

#bank#IGF#small business

BFS UK structures £9.3m structured facility, for SBZ Corporation

SBZ Corporation, a global manufacturer and distributor of additives and chemicals for the oil industry, has received a £9.35m... (more…)

#financial services#international#invoice


Withdrawal of draft UK regulations on contractual terms with...

Editorial Board Member, Merryn Craske, Of Counsel at Mayer Brown International LLP, London, discusses the withdrawal of the latest draft…

#assignment#assignment of receivables#financial services


UK distributor launches SME finance arm

...has announced the launch of the Liquidity Club, an alternative business channel to assist SMEs looking to raise finance for…

#business finance#commercial finance#invoice


Bank of England Governor says banks overstate their shield...

The Bank of England (BoE) warned Tuesday (Nov. 28) that U.K.-based banks may be doing some boasting when they say...…

#Bank of England


Barclays Ireland appoints new head of trade and working...

Barclays Ireland has appointed HSBC’s... as its new head of trade and working capital... (more…)

#head of trade and working capital


Most of UK businesses wait 74 days for invoices...

Businesses are being made to wait on average 74 days to receive payment for invoices... (more…)

#invoice payment


UK Alternative lender buys directors’ stakes in Isle of...

...has announced that its subsidiary...has agreed to buy directors’ remaining stakes in... (more…)

#Sancus


German fintech to offer digital factoring solution

solarisBank, a technology company with a German banking license, intends to offer digital B2B and B2C factoring... (more…)

#digital#digital factoring#guarantee


EIF gives Estonian bank €8m for lending to SMEs

“The aim of the unsecured loan agreement concluded with the EIF is to support companies active in Estonia and... (more…)

#bank#EIF#European Investment Fund


Suisse bank buys majority stake in a receivable finance...

A Swiss fintech firm in Zurich which offers an innovative receivables financing solution designed for SMEs, attracts as new investor…

#Credit Suisse#Tradeplus 24


Denmark to join PEPPOL to facilitate e-invoicing within EU

More and more countries in Europe have announced the introduction of e-invoicing legal requirements in line with... (more…)

#digitisation#e-invoices#international

UK Government to help SMEs to grow

Following the UK Chancellor Philip Hammond’s 2017 Autumn Budget announcement, Niels Turfboer, Managing Director of UK & Benelux... (more…)

#BCR Publishing#Clear#smes

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