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Finacity facilitates a €50m receivables securitisation

Finacity Corporation (“Finacity”), a White Oak Global Advisors Company, announced that it has successfully launched a €50m receivables securitisation program for Metinvest Trametal and Ferriera Valsider, two re-rolling steel mills headquartered in Genoa, Italy, which are part of Metinvest Group...

#BPM#receivables securitisation#securitisation

Think Business Loans founder joins Capify 

Capify, a leading SME lender, has appointed Jamie Stewart (pictured) as Director of Strategic Initiatives. Jamie, the founder and former…

#Capify


Manx Financial comments on UK inflation data

Commenting on inflation data remaining unchanged, Douglas Grant, Group CEO of Manx Financial Group, said:“Despite signs of economic stability in recent…

#Douglas Grant


BFS comments on recent published insolvency figures

This morning, the latest insolvency figures show registered company insolvencies in England and Wales in June 2024 was 2,361, 16…

#insolvency#Jonathan Andrew


Satago announces termination of agreement with Lloyds Banking Group

Satago Financial Solutions Limited ("Satago") has announced that Lloyds Bank plc ("Lloyds Banking Group" or the "Bank") has decided to…

#bank#invoice#Lloyds Bank


One-Third of UK SMEs face urgent need for financial...

New research by Novuna Business Cash Flow has found that 33 per cent (a third) of small and medium-sized enterprises…

#Novuna


Atradius Reports 59% Drop in Food and Drink Sector...

Trade credit insurer Atradius has reported a 59 per cent decrease in claims for late or failed payments in the…

#Atradius


Innovate Finance reveals FinTech growth plan to add £328bn...

Innovate Finance, the industry body for UK FinTech, has today launched its FinTech Plan for Government on the steps needed…

#corporate finance


Ultimate Finance grows loan book by 14% to £340M

Ultimate Finance has reported a 44 per cent boom in new lending in the first half of this year, its…

#ESG#funding#inflation


The rise of finance apathy in the SME community

With new data from the British Business Bank reporting that only half of UK SMEs look for finance from more…

#SME lending


EBRD and Banca Intesa Beograd sign financing package of...

The European Bank for Reconstruction and Development (EBRD) has signed a financing package of €72m with Banca Intesa Beograd that…

#SME lending


British Business Bank launches Growth Guarantee Scheme for SME...

The British Business Bank has introduced the Growth Guarantee Scheme, a successor to the Recovery Loan Scheme, aimed at facilitating…

#Reinald de Monchy#SME lending

Kompasbank secures €175M EIF guarantees to boost Danish SME...

Vedbæk-based corporate bank Kompasbank has secured €175m in portfolio guarantee agreements with the European Investment Fund (EIF) to offer loans…

#EIF#SME lending

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