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Europe

EUR500m invoice finance to mid-tier Irish companies

Irish companies with a turnover of up to EUR5m have received EUR500m in invoice finance in the first quarter of this year, according to new figures from the Asset Based Finance Association – the body representing the invoice finance industry...

#asset based finance#invoice

EUR75m fund launched by HSBC

HSBC Bank has launched a new EUR75m Malta Trade for Growth (MTFG) Fund to help Maltese companies achieve international growth…

#bank#emerging markets#interest rates


Svenskfactoring partners with BCR

A cooperative agreement has been signed recently between Svenskfactoring and BCR Publishing Ltd (more…)

#BCR Publishing#factoring industry#management


Garanti Factoring credit rating rises

Fitch Ratings has updated the credit rating of Garanti Factoring as “BBB-” with a positive outlook (more…)

#bank#BBVA#L/C


Business development expert joins Catalyst

Catalyst Finance, the selective invoice finance specialist, has hired one of the UK’s leading invoice finance business development experts (more…)

#invoice#WHO


EUF releases final 2014 factoring and commercial finance figures

Full statistics for 2014 European Union factoring show further growth (more…)

#commercial finance#EU Federation#funding


Ultimate Finance parent group sought by Tottenham Hotspur owner

Investment vehicle controlled by billionaire Joe Lewis makes approach for Inspired Capital (more…)

#investment#invoice


Italian factoring company recapitalises after heavy losses

MPS Leasing & Factoring recapitalises for EUR500 million after hard 2013 and 2014 (more…)

#bank#Italian factoring#leasing


ABFA members tune in at Birmingham’s Symphony Hall

Annual conference well received by delegates (more…)

#bank#conference#invoice


Deutsche Leasing seeks to acquire Deutsche Factoring Bank

Leasing company intends to purchase Landesbanken shares in order to strengthen savings banks partners in factoring market (more…)

#bank#banks#leasing


Close Brothers Factoring Germany appoints new head

Managing director of 12 years retires, to be replaced by deputy (more…)

#factoring industry#management

Loss of market share by traditional lending may be...

Peter Ewen states that Basel III makes return to unsecured lending unlikely (more…)

#asset based finance#conference#funding

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