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Fintech TRIVER has raised £2.5m to support their business development by providing more working capital finance for UK SMEs. The new funding was securred from the existing TRIVER investors.The £2.5m new funding represents a convertible bridge loan that builds on an initial...
#embedded invoice finance#Triver
In the first five months of the year, the Italian factoring market surpassed €113bn in turnover, representing 14 per cent…
#supply chain finance
Italian business software solutions provider TeamSystem has acquired a 61 per cent majority stake in Change Capital, a Milan-based fintech…
#AI#cash-flow#digital
Millennium Personnel Services (MPS), a provider of specialist qualified crane operators for the construction sector, has secured a £3.85m funding…
#commercial finance#funding#invoice
Banca Ifis has successfully completed the restructuring of a securitisation worth €1.15bn involving proprietary factoring receivables.The securitisation, known as the…
#receivables
In order to create a suite of credit risk products that offer credit teams simplified policy compliance and enhanced portfolio…
#credit risk#international#risk
Today we’ve launched a new revolving credit facility to support SMEs with cashflow to fund growth. It plugs a gap…
#working capital
Surecomp® today announced that it has been selected by Raiffeisen Bank International AG (RBI), one of the leading banks in…
#RIVO
The European Commission, the European Investment Bank (EIB) and the European Investment Fund (EIF) have agreed to establish a €300m export credit…
#European Investment Fund
The European Investment Fund (EIF) signed a RON 5m (€1m) subordinated loan agreement with Romania-based fintech Instant Factoring IFN to help…
#EIF#European Investment Fund
Vilnius-based Fortress Factoring, a tech startup providing factoring and supply chain finance to SMEs, has announced its plans to expand…
Following the release of the Bank of England interest rate today Michael McGowan, Managing Director, Foreign Exchange, Bibby Financial Services,…
#Bank of England#interest rate#working capital
The Conservatives, Labour and Liberal Democrats have all made promises to tackle the late payments crisis harming businesses.Labour says it…
#Atradius#insolvency