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Plantforce secures £60m ABL facility

Bristol-based plant hire supplier Plantforce has secured a £60m funding line from its existing banks to invest in its hire fleet over the next two years. The deal, funded by a club structure between Natwest Bank and Wells Fargo Capital Finance, will facilitate the Plantforce...

#bank#banks#funding

Novuna’s investment in cutting edge technology helps UK businesses...

Novuna Business Cash Flow and Novuna Business Finance, the business divisions of Mitsubishi HC Capital UK PLC focused on providing…

#Mitsubishi HC Capital


Civil Rail Solutions secures £3m invoice discounting solution from...

Civil Rail Solutions Limited (CRS), labour supplier for the rail and construction industries, has secured a £3m confidential invoice discounting funding…

#financial services#invoice#management


efcom and Lenvi RiskFactor announce formal cooperation

efcom, a leading provider of software solutions for the factoring industry, and Lenvi RiskFactor, a risk management software provider for…

#Ahmed Amin#Efcom#Federico Avellán Borgmeyer


Atradius comments on UK inflation announcement

Ahead of next week’s inflation announcement, James Burgess (pictured), Head of Commercial and insolvency expert at Atradius, says: “We’re finally…

#Atradius


Paragon Banking Group reports 4.6 per cent increase of...

UK specialist lender Paragon Banking Group has recorded £230.2m of new SME lending for the first half of the financial…

#John Phillipou


Comarch’s holds user group meeting in Krakow

Comarch’s annual user group conference was held at their sprawling campus headquarters in Krakow on Tuesday and Wednesday of this…

#Comarch#conference#insurance


EIB and Banco Sabadell sign guarantee agreement to facilitate...

The European Investment Bank (EIB) and Banco Sabadell have signed a guarantee agreement for up to €200m as the first tranche of…

#bank#EIF#interest rates


Time Finance announce Donna Lambert as newest addition to...

Time Finance is delighted to welcome Donna Lambert as a Business Development Manager (BDM) in its invoice finance team. Donna joins the…

#financial services#Flexible Funding#GRENKE


CBF provides £18m invoice discounting facility to Smart Solutions

Cynergy Business Finance (CBF), the asset-based lending subsidiary of Cynergy Bank, has delivered £18m invoice discounting facility to recruitment services…

#Cynergy Business Finance#working capital


BFS comments on SMEs development from construction industry

UK Construction SMEs are ambitious to grow, but are held back by the impact of inflation, supply chain challenges and…

#Derek Ryan


Factofrance Launches Simplified Financing Solution for SMEs and VSEs

Factofrance, the French factoring company, has announced the launch of an exclusive, streamlined offer tailored for small and very small…

#digital#Factofrance#guarantees

SMEs struggle with funding access and flexibility, Shawbrook research...

Significant challenges remain for SMEs in accessing and receiving adequate funding, according to new research from Shawbrook.Among SMEs that applied…

#funding#smes

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