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Europe

Police investigate Pescanova’s factoring deals

Spanish fishing giant is being investigated by the police. (more…)

Wells Fargo launches SME fund

A new fund aimed at providing short-term unsecured loans to small firms with high growth potential has been launched nationwide.…

#banks#funding#invoice


Small German factors having hard times

CEO of Crefo factoring comments on the past fiscal year results. (more…)

#bad debts#i#interest


SAME DIFFERENCE: HOW ASSET BASED FINANCE HAS FLOURISHED IN...

  Despite being two contrasting economies which have had very different experiences of the global financial crisis, Poland and the United…

#bank#Bank of England#commercial finance


Latest European Payment Index – bad news for the...

Well over half of the European surveyed countries show increased payment risks and as much as a third of countries…


EBRD calls for urgent structural reforms as growth slumps

The European Bank for Reconstruction and Development (EBRD) has called for urgent structural reforms in emerging Europe after winding back…

#bank#risk#security


FIMBank appoints new head of structured commodity finance

Michael Marnell has joined FIMBank plc as Senior Vice President, Head of Structured Commodity Finance. (more…)

#ANZ#bank#global trade


Bibby to offer its customers Government Export Insurance Policy

Bibby Financial Services is to start offering the Export Insurance Policy, which protects businesses against the risk of non-payment by…

#bank#exporters#guarantees


EBRD to step up efforts in drive to support...

The European Bank for Reconstruction and Development (EBRD) will step up its drive to help countries adopt crucial new reforms…

#bank#crisis#economy


Prvi factor upgraded within FCI

Prvi faktor Ljubljana, Slovenia has announced it became a full member of Factors Chain International. (more…)


Foreign banks jump off Pescanova’s hook

Pescanova, a multinational fishing company, has been refused financing by foreign banks, due to irregularities with invoicing and accounting. (more…)


GBP20 million invoice finance scheme launched in Scotland

A well-known fund manager has launched a scheme that will provide GBP20 million to help SMEs in Scotland. (more…)

#invoice#smes#supply chain finance

Northern businesses eye expansion despite tricky conditions

Businesses in the North of England are planning to expand in the next year, but are finding current conditions difficult.…

#invoice

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