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Europe

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, head of the corporate business department (more…)

#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


PrimeRevenue Capital Management launched

Recently appointed Richard Tynan to head new London-based venture (more…)

#bank#international#management


AFC Russia gains new member

MDM Bank has joined The Association of Factoring Companies Russia as a full member. It has been working in the…

#bank#banking services#banks


UK businesses turning to invoice discounting

Figures published by the Bank of England (BoE) showed a fall of GBP5.5bn in outstanding lending to non-financial businesses –…

#bank#Bank of England#banks


Diluting City regulation

A deputy governor of the Bank of England has warned against watering down financial services regulation to boost short-term growth,…

#bank#Bank of England#financial services


Bibby provides SME funding boost

Bibby Financial Services (BFS) has developed relationships with 130 SMEs since establishing itself in Birmingham towards the end of 2014…

#banks#financial services#funding


Reparo chooses the cloud for new business line

Mambu – the SaaS banking platform provider – has announced that Reparo Finance – an independently-owned business finance company specializing…

#API#business finance#cloud

Payment discipline of Czech firms improves says Bibby

The payment discipline of Czech companies has improved, as invoices financed via factoring were paid after 72.1 days on average…

#economy#exporters#financial services

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