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Europe

RBS Invoice Finance funds manufacturing firm

Moduflex, a maker of storage and office furniture products, has opened a second manufacturing site in Bristol after securing new funding (more…)

#bank#funding#invoice

Corporate treasury favouring invoice discounting

The majority (71%) of corporate treasurers believe invoice discounting can act as a means for the Treasury to provide tangible…

#Amazon#invoice#platforms


Supply chain finance group moves into factoring industry

MFC Industrial Ltd., a Canadian supply chain finance company listed on the New York Stock Exchange, has successfully concluded an…

#bank#guarantees#management


New president at Scottish factoring body

YourPlace factoring services' director Alison McDiarmid has been elected as President of the Property Managers Association Scotland (PMAS) (more…)

#i#management#training


VTB Bank in factoring discussions with Embassy of the...

In January, the Embassy of the Republic of Belarus and VTB Bank held a meeting on the use of factoring…

#bank#exporters#exports


Polish factoring turnover increases

Factors from the Polish Factors Association (PFA) reported at the end of 2015, a total turnover of ZL134.33bn. Compared to…

#crisis#Executive Committee#non-recourse factoring


Aldermore’s new hire

Aldermore has appointed Brian Warbrick to its newly established Dealer Services team. The team, which provides financing to dealers, comprises…

#Aldermore#bank#invoice


Invoice finance pivotal in SME funding

According to new research from the Asset Based Finance Association (the ABFA), asset-based finance supports 15 per cent of all…

#bank#invoice#smes


British SMEs reported to be owed GBP500bn

Members of the UK200Group of independent accountancy and law firms have commented on news that British SMEs are owed more…

#bank#Lloyds Bank#Lloyds Bank Commercial Banking


Bibby Financial Services joins Alternative Business Funding platform

Bibby Financial Services (BFS), has joined alternativebusinessfunding.co.uk (ABF) – a service for SMEs searching for finance (more…)

#bank#financial services#platforms


New invoice finance platform launches in the UK

A new peer-to-peer (P2P) invoice finance platform has been launched in the UK following a successful European trial in Estonia…

#confirming#guarantees#invoice


EUR60m in SME funding made available through BOV

Around EUR60m in cheap financing for SMEs has been made available through the launch of an EU-led initiative. (more…)

#bank#European Commission#interest rates

Swedish factoring market reports decreased factoring turnover

Thorsten Metzner, Managing Director of Fintura Management and Svenskfactoring, discusses the limited growth in the Swedish factoring market for 2014,…

#assignment#bank#invoice

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