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Europe

IFC partner with KSB to boost Georgian SMEs

The International Finance Corporation (IFC) is partnering with Georgia's Kor Standard Bank (KSB) to help the bank expand financing for small and medium enterprises, supporting their growth, job creation, and contributing to the increased competitiveness of Georgia s economy. (more…)

Assirevi releases non-recourse factoring accounting study

The Italian Association of Chartered Accountants has released a study on factoring representation and evaluation of non-recourse factoring transactions. (more…)

#credit risk#non-recourse factoring#risk


SACE Fct. to finance construction enterprises

SACE Fct. signed a cooperation agreement with ANCE Marche, which will allow Marche-based construction companies to access factoring products on…


RBS e-invoicing service wins Banking Technology Award 2012

RBS e-invoicing service was awarded for Best Use of IT in Wholesale/Transaction Banking. (more…)

#awards#bank#financial services


Danske Bank to offer e-invoicing service solutions to its...

Danske Bank and Tieto have agreed to collaborate in sales of electronic invoicing service solutions. (more…)


Aldermore loan book tops GBP2 billion

Aldermore says it has lent GBP2 billion since its launch in 2009. (more…)

#Aldermore#bank#Bank of England


French government releases EUR500 million for small and micro...

A new government guarantee scheme to enable over EUR500 million worth of cash to be provided to SMEs has been…

#bank#cash management#management


New research: Construction industry turns to invoice financing

More and more cash-strapped contractors are turning to invoice financing as traditional credit from banks dries up, a new study…


GSK extends payment terms

GlaxoSmithKline extends its payment terms, while offering supply chain finance solutions to smaller suppliers. (more…)

#cash-flow#forum#invoice


Banks cut loans to business, bad debts up

Bank of Italy reports decline in business lending for the seventh consecutive month, while bad debts continue to rise. (more…)


Wilkins Kennedy launches on-line ABL brokerage service

Wilkins Kennedy LLP, an accountancy firm, launches cash-flow.co.uk. (more…)

#cash-flow#funding#Funding Options


PFA 2012 figures reveal further growth in Polish factoring...

Two thousand and twelve saw members of the Polish Factors Association (PFA) record a 81.8 billion zl turnover, almost a…

#bank#commercial finance#ING

RBS and NatWest target UK SMEs with new online...

RBS and NatWest have launched a free online business supplier community called BizCrowd, which is designed to encourage collaboration between…

#bank#Corporate banking#NatWest

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