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Europe

Assifact announces new president along with first quarter figures

MedioFactoring CEO takes over role as association sees first quarter growth (more…)

#ASSIFACT#bank#Intesa Sanpaolo

Asset-based finance use by big businesses tops GBP5billion

ABFA figures show usage up 16 per cent over past year (more…)

#asset based finance#Clear#commercial finance


EBRD extends further EUR20million to Raiffeisen Factoring

Loan will be used to show SMEs receivables financing benefits prior to adoption of new factoring law (more…)

#bank#factoring law#receivables


Santander UK finalises Funding Circle partnership

Bank agrees deal to refer small business customers to online peer-to-peer platform (more…)

#alternative funding#bank#small business


AKF Bank satisfied with new factoring business

Recently acquired Ernst Factoring posts 55 per cent growth in 2013 (more…)

#acquisition#bank#leasing


Natixis to sell off Coface in IPO

Investment bank looking to dissociate itself from credit insurance (more…)

#bank#financial services#insurance


EBA publishes updated supply chain finance market guide

New version released along with opinion papers on digital identity and electronic payments (more…)

#bank#conference#digital


Healthy investment for UK manufacturer and supplier

NutraHealth agree GBP20million facility with RBS Invoice Finance and Lombard (more…)

#bank#funding#international


UniCredit Leasing receives EUR50million from EIB

Loan to go towards supporting Romanian SMEs (more…)

#bank#interest rate#leasing


Supermarket group agrees reverse factoring deal with UniCredit

CRAI distribution centres will use facility to finance suppliers of key branded products (more…)

#leadership#trade#Unicredit


Trade receivables securitisation grows amongst Europe’s top banks

Demica survey shows 80 per cent of leading institutions have seen a surge in demand over past year (more…)

#bank#management#receivables securitisation


Importer/distributor secures multi-million pound facility with HSBC

Yorkshire firm agrees key invoice finance package through bank's regional SME fund (more…)

#bank#funding#invoice

Life Factoring acquires Finmetron

Clients of acquired company will have limits extended and be able to sell e-documents (more…)

#acquisition#electronic documents#receivables

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