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With the Bank of England (BoE) holding interest rates ahead of today’s General Election, James Burgess (pictured), head of commercial and insolvency expert at Atradius UK, comments:“Despite inflation returning to target, the BoE has held fire on an interest rate cut until...
#Atradius#Bank of England#interest rates
London-based Firemind Ltd (Firemind) has secured a £1m invoice discounting facility from Cynergy Business Finance (CBF).Founded in 2018 by Ahmed Nuaman and Charlie…
#Cynergy Business Finance
While social media influencers are quick to showcase the highs of their entrepreneurial lifestyles - with 147.3 million TikTok posts…
#digital#inflation#interest rates
Fintech TRIVER has raised £2.5m to support their business development by providing more working capital finance for UK SMEs. The new funding…
#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