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Lack of lending from banks to small businesses has resulted in the foundation of a number of alternative business funding options. From invoice finance to forfaiting and government lending schemes, SMEs are increasingly turning to these new sources as a...
Invoice finance specialist Bibby Financial Services has strengthened its team in Yorkshire with the appointment of Mike Day as head…
#commercial finance#financial services#funding
UK Export Finance names David Godfrey as its new chief executive. (more…)
Association of Factoring Companies releases semi-annual results. (more…)
FC POLITEKS confirms its title of the fastest-growing factor in Russia. (more…)
#electronic factoring#innovation
The demand for supplier finance has rocketed, as Yorkshire firms see the first signs of an upturn in business, says…
Postbank has merged its corporate and factoring units. The restructuring was completed on 1 August 2013, and Factors S.A. -…
#bank#leadership#Postbank
Corporate customers tend to think negatively of their suppliers when the latter employ factors to chase for unpaid invoices. (more…)
#banks#crisis#funding
An entrepreneur who tried to defraud a factoring company has been banned from business for 11 years. (more…)
A lack of flexibility, an overtly risk averse approach from traditional lenders and a lack of understanding amongst businesses has been…
#ABN AMRO#bank#commercial finance
Research by the Association for Financial Markets in Europe shows non-bank sources could add some capacity over time. (more…)
#bank#insolvency#regulation
As part of a large-scale project for developing its trade and export financing business, VTB Bank has signed deals worth…
#bank#insurance#management
Serbia's assistant Minister of Finance and Economy Nina Samardzic has said that the main concern of small and medium-sized enterprises…
#bank#economy#financial institution