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Europe

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, is working with the banks to broaden the eligibility of its export working capital product so it includes the direct...

#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


Atom business banking MD joins BCR conference panel

The managing director for business banking at UK-based Atom Bank has agreed to participate in the panel discussion at BCR’s…

#bank#conference#digital


New managing director at Shawbrook Business Credit

Shawbrook Bank has announced the appointment of Tim Hawkins as managing director, Shawbrook Business Credit, replacing John Onslow (more…)

#asset based finance#bank#commercial finance


Asset management

Over the past 20 years, the Asset Based Finance Association (ABFA) has grown from a small industry association which was…

#bank#Bank of England#invoice


UK Budget reaction

The Chancellor of the Exchequer, George Osborne, has announced GBP200,000 as the annual investment allowance (more…)

#Funding Options#guarantee#IGF


Partnership to accelerate UK business funding

UK business software and services company Sage has partnered with London-based alternative finance providers MarketInvoice and Funding Circle to help…

#funding#invoice#Sage


Russian AFC members’ half year turnover over RUB600bn

The Association of Factoring Companies (AFC) in Russia has published the preliminary results of the business development of its members…

#bank#banks

Linked Finance facilitates EUR5.4m in SME loans

Peer-to-peer lending company Linked Finance has announced that it has facilitated over EUR5.4m in loans for over 300 Irish SMEs…

#interest rate#Linked Finance#SME loans

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