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Europe

UK peer-to-peer finance breaks new record

According to data published by the Peer2Peer Finance Association, Britain’s peer-to-peer lending sector has experienced a record quarter – lending more than GBP500m to consumers and businesses (more…)

#Clear#platforms#small businesses

UK small businesses spending GBP11bn chasing payments

According to the latest figures, UK government measures to improve late payments to suppliers have had some impact, but the…

#bank#late payment#payment terms


More data required for achieving true cost comparison

Jeff Longhurst, CEO of the Asset Based Finance Association, responds to the claim made in trfnews feature article 'A Perfect…

#dynamic discounting#invoice#payment practices


Credit approval rates for small businesses rise 26%

Encouraging signs for firms wishing to gain access to vital cash, following the Bank of England's Credit Conditions Survey (more…)

#bank#Bank of England#IGF


A Perfect Storm

Dynamic discounting - a relatively new form of receivables finance - is emerging in Europe (more…)

#bank#interest rates#invoice


Bibby Line Group chairman appointed CBI President

Paul Drechsler CBE, chairman of Bibby Line Group (the parent of Bibby Financial Services) succeeds Sir Mike Rake to become…

#British business#financial services#funding


PFA: factoring volumes rise by 18.9% y/y

The Polish Factoring Association (PFA) has revealed the figures for the first half of 2015. Factoring companies and banks, and…

#banks#commercial finance#ING


New powers to boost UK exports announced

The recently announced UK government’s “Productivity Plan”, included the news that UK Export Finance (UKEF), the country's export credit agency,…

#bank#exporters#smes


RBS to grow asset based lending

RBS Invoice Finance has appointed a new face to head up its asset based lending for the South West of…

#alternative funding#funding#i


Smallest businesses waiting longer than ever for payment

Average wait for payment now 72 days for smallest businesses (more…)

#asset based finance#cash-flow#payment delays


Eurofactor AG changes legal form and re-brands

The legal form of Eurofactor AG has been changed and the company renamed as Eurofactor GmbH (more…)

#bank#banks#Clear


Business development director joins Legion Trade Finance

UK-based Legion Trade Finance has expanded its team with the appointment of a new business development director (more…)

#Leumi ABL#smes#supplier payments

Lending to SMEs predicted to deliver highest margin growth

Lending to SMEs is expected to deliver the highest margin growth for banks out of any of their main product…

#banks#economy#small business

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