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Europe

ABFA plans for self-regulation system

The Asset-Based Finance Association (ABFA) is creating a system of self-regulation following complaints about its members unfairly withdrawing credit lines and imposing excessive fees. (more…)

#banks#invoice#regulation

Business growth driven by alternative funding providers

Hundreds of jobs secured thanks to GBP20million of new funding from Bibby Financial Services. (more…)

#alternative funding#financial services#invoice


Santander continues to grow presence in UK

Santander launches business banking centre at MediaCityUK. (more…)


ARF: Romania’s factoring market worth nearly EUR 3bn in...

Romania's factoring market has seen significant growth, increasing by 12.8 per cent year-on-year in 2012 to reach a new record…


HSBC assigns GBP5m to boost SME export

HSBC s International SME Fund commits to make at least GBP5billion of funding available during 2013 to UK SMEs trading…

#bank#international#International Trade


EC approves Finnvera special rates for SMEs

EC approves Finnish short-term export-credit insurance scheme. (more…)


Is Supply Chain Finance in the UK coming of...

  The UK Governments Supply Chain Finance (SCF) scheme which intends to open up GBP 20 billion of cheaper funding for…


Enforcing penalties for late payments for SMEs – “the...

Managing Director of GE Capital Patrice Coulon comments on the new Late Payments Directive. (more…)


FLS scheme to be “put on steroids”

The Funding for Lending Scheme (FLS) is expected to be extended. (more…)

#bank#Bank of England#financial services


London to become Islamic finance hub

The British government creates the UK's first Islamic Finance Task Force. (more…)

#financial services#forum#investment


Hitachi Capital launches ABL loans for sole traders

Hitachi Capital has set up a GBP25 million fund to provide asset-based loans to micro firms and sole traders. (more…)

#Access Bank#bank


RBS Invoice Finance provides ABL to ready meals supplier

The Authentic Food Company refinances GBP7.5 million with RBS. (more…)

#bank#international#investment

Businessman receives 11 year ban for raising false invoices

A British businessman has been banned from being a director of a company for 11 years for presenting false invoices…

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