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Europe

Aldermore boosts SME and consumer lending by 60 per...

UK-based challenger bank Aldermore has revealed that its lending to the real economy, consumers and small firms, soared in the first half of the year following a rise in deposits and support from the Bank of England's Funding for Lending...

#Aldermore#bank#Bank of England

Moody’s reaffirms EBRD’s AAA rating with stable outlook

In a new report published this week, Moody s Investor Service (Moody's), the bond credit rating business, has reaffirmed European…


Metro Bank close to SME Invoice Finance deal

Metro Bank, a UK-based retail lender, is close to securing its first-ever acquisition as it attempts to accelerate its challenge…

#bank#invoice#Metro Bank


AFC welcomes new factoring member

The Association of Factoring Companies (AFC) have added Alfa-Bank to its membership roster. (more…)


Factoring in Germany – a country review

Dr Alexander M Moseschus Executive Director and Magdalena Wessel, Legal department, Deutscher Factoring-Verband e.V. provides a review of the German…


AtlanticRMS announces new recruit

With a new hire, Atlantic Risk Management Services (AtlanticRMS) launches international training and consultancy services. (more…)


Credit insurers halt cover on Max Bahr

Over one hundred DIY stores might loose their suppliers as credit insurers stop cover on Max Bahr debt. (more…)


GE Capital EMEA doubles new facilities

Over EUR1.5 billion of new facilities signed across cash flow and asset backed lending transactions in H1 2013, GE Capital…

#cash-flow#receivables#receivables financing


Gunvor launches largest receivable finance programme in Germany

Gunvor Group and GE Capital have signed a EUR 225 million factoring agreement. (more…)


Renovo buys Ultimate Finance Group

Former pharmaceutical company enters receivables finance market. (more…)

#commercial finance#receivables#security


Three hundred creditors affected by insolvency of Austrian cheese...

Insolvent cheese producer wants to continue to use factoring; banks yet to approve. (more…)


Santander looks into lend-to-save market opportunities

Santander may enter the rapidly growing peer-to-peer market and team up with one of its biggest players, reports have claimed. The…

#bank#banks#Boost

Sale of receivables may increase business tax burden

Discounts on the sale of receivables are seen as taxable trade income under new Trade Tax Act. (more…)

#interest#invoice#receivables

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