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Europe

Former commerce chief joins Obillex board

Nigel Smith, former chief executive at the Office of Government Commerce and Second Permanent Secretary in HM Treasury, has joined the board of Birmingham-based business finance solution provider Obillex (more…)

#business finance#supply chain finance#working capital

UK government set to increase small business spending

Small businesses throughout the UK will have a greater chance of working on government contracts, with a third of national…

#asset based finance#invoice#small business


BCR make Capital gains

Chetan Sahai of GE Capital joins the concluding panel at BCR’s Transforming Factoring & Invoice Finance event (more…)

#commercial finance#conference#invoice


Aldermore with new hire

Challenger bank Aldermore has appointed Sam Skinner as regional sales manager - joining their invoice finance team - for the…

#Aldermore#bank#business finance


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

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