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Europe

£5m ABL and invoice discounting facilities from UK Bank...

A Telford-based envelope and ticket manufacturer has become one of the first businesses in the region to become fully employee-owned, after securing a £5m funding... (more…)

#Lloyds Bank

Revenue and profit up in the first half 2017...

1pm plc, the AIM listed independent specialist provider of finance facilities to the SME sector, is pleased to provide the…

#1pm


Nordea joins blockchain based trade finance platform  

Nordea has joined....developing a platform based on distributed ledger technology... (more…)

#Nordea


French bank to collaborate with Tungsten on supply chain...

Tungsten Network will collaborate with ... to offer e-invoicing linked Receivables Purchase and e-invoicing linked Supply Chain Finance... (more…)

#bank#fintechs#supply chain finance


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

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