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Europe

Bank loans, factoring, crowdfunding … What will SMEs go...

The French SME Finance Association releases study on short and long term financing tools available to SMEs... (more…)

#bank#interest rates#management

Sorgenia struggles with EUR101 million in factoring debt

Biggest private Italian energy company is struggling to pay its EUR2.2 billion debt... (more…)

#BPM#guarantees#Intesa Sanpaolo


The UK Invoice finance Industry, still missing a trick...

Jeff Longhurst, Director Gener8Finance in an interview with trf news, talks, amongst other things, about the ever increasing funding gap…

#bank#Bank of England#invoice


BFS expands in Ireland

Bibby Financial Services is establishing a EUR60m fund for SMEs in Ireland... (more…)

#bank#capital requirements#financial services


Russian factoring market posts 25pc annual growth

Association of Factoring Companies has released annual market results... (more…)

#bank#management


Invoice financier raises GBP40m in new capital

Manchester-based invoice financier has raised GBP40 million of new capital after selling shares to new investors... (more…)

#Aldermore#bank#invoice


Horticulture supplier secures GBP20 million ABL facility

Supplier to major UK retailers secured GBP20 million cash for working capital and further development of its manufacturing facility. (more…)

#corporate finance#funding#investment


BDO Fraudtrack reports money laundering surges

Reported money laundering related to fraud offences surges 309pc to GBP288 million. Fraud in Financial Services now accounts for 51%…

#FCA#financial services#frauds


On FIM Bank’s acquisition of 40pc stake in Prvi...

Following the news that FIMBank, has acquired a 40pc stake in Prvi Factor, Margrith talks about what has drawn the…

#acquisition#bank#i


Government prepares major changes to securitisation law

Under new securitisation rules proposed by the Italian government, trade receivables securitisation could become easier. (more…)

#bank#international#invoice


Welsh Government to facilitate payments in constriction supply chain

The Welsh Government has introduced a faster way of paying suppliers working on public sector construction projects... (more…)

#bank#cash-flow#channel


New SME bank launched

Former Barclays and Aldermore executives launch SME Bank... (more…)

#Aldermore#bank#FCA

Access to short term credit difficult for SMEs

Banks provide short term loans to SMEs in conjunction with factoring facilities. (more…)

#bank#banks#funding

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