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Europe

Savings Bank Factoring make new appointment

Leonid V. Kultygin has been appointed Operational Director of Savings Bank Factoring (more…)

#Alfa-Bank#bank#management

New appointment at Wells Fargo Capital Finance

Nick Lawrence has been appointed as managing director for Wells Fargo Capital Finance’s (WFCF) Supply Chain Finance (SCF) (more…)

#bank#international#International Trade


MarketInvoice raises a further GBP6m

The U.K.’s MarketInvoice, which operates in the peer-to-peer lending space by enabling businesses to raise money from institutional investors and…

#outstanding invoices


The results are in…

The Association of Factoring Companies (AFC) has published statistical indicators of the Russian factor in the first six months of…

#bank#funding#international


Former Bibby man joins Quantum

Investec Asset Finance Group has announced that it has appointed Paul Cunningham as Head of Quantum Funding Ltd (Quantum). Mr…

#financial services#Investec#invoice


Late payments on the rise for UK SMEs

Despite Government attempts to enforce a code for prompt payment and plans to appoint a Commissioner to oversee business rows,…

#financial services#Paid#payment terms


Azerbaijani producers to export products to Russian Federation

Bank VTB (Azerbaijan) has started rendering factoring services to the local producers, according to Zaur Rasulov, member of the board,…

#bank#international#WHO


UK government to remove invoice finance limitations

Anti-invoice finance terms and restrictive clauses in contracts that prevent businesses from gaining invoice finance are set to be banned…

#assignment#invoice#late payment


Legion grows UK presence

Legion Trade Finance has agreed deals to provide GBP1.3m of new funding to a diverse range of businesses across the…

#smes#supplier payments#supply chain finance


Bad debt remains chronic stumbling block for UK businesses

Bibby Financial Services Report suggests as many as 1.3m SMEs may be affected (more…)

#financial services#insolvency#security


SBCI lending reaches EUR45m

Over 1,600 small- and medium-sized businesses have drawn down a combined EUR45m from the Strategic Banking Corporation of Ireland in…

#bank#bank loan#banks

HPD’s new ACIM release

UK-based HPD Software has announced the launch of the new Aquarius Collections Integration Module (ACIM) (more…)

#Atradius#debt collection#invoice

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