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Europe

Market competitors partner in client’s interest

NFC and PSB work together on tailor-made deal. In late December, last year, two Russian factors entered into a partnership under which one factor provides invoice financing, while the other covers credit risk. (more…)

#bank#guarantees#invoice

Lloyds TSB CF: Asset based finance still poorly understood

Lack of understanding of alternative forms of borrowing, such as asset based finance, could be hampering UK small to medium…

#asset based finance#commercial finance#invoice


Coface Germany dismisses rumours of shutting down factoring

Coface Germany launches @finance to affirm its presence on the factoring market. (more…)

#management#receivables#receivables financing


BLME provides Regency with ABL facility

The ABL facility from the London-based Islamic bank will provide Regency with increased liquidity. (more…)

#bank#receivables#smes


Davenham to be resurrected

A fund led by Warrington corporate finance firm Dow Schofield Watts has backed a management buyout of Davenham's loan book…


UniCredit Factoring increases capital by EUR300m

UniCredit Factoring signed an increase of their share capital to support financing activities of Italian SMEs. (more…)

#economy#smes#Unicredit


EIB and Bankinter sign SME financing agreement

The European Investment Bank (EIB) and the Spanish commercial bank Bankinter signed SME and midcap financing agreement. EUR 200 million…

#bank#EIF#interest rates


EBRD agrees USD5m SME financing deal

The European Bank for Reconstruction and Development (EBRD) is lending USD 5 million equivalent in local currency to Converse Bank…


Customer Service – must be King

   The Business Bureau established in 2009 is a UK broker connecting businesses with the UK s wide range of commercial…

#bank#commercial finance#invoice


ABL dinner to raise thousands for charity

Hundreds of Yorkshire financiers will attend the second Yorkshire Asset Based Lending Charity Dinner at the end of March. (more…)


Aldemore hires ABN AMRO’s director

Dan Summerfield has joined Aldermore's invoice finance management team. (more…)

Over half of SMEs, injecting personal funds into business,...

The use of core banking products by SMEs is declining, at the same time they are getting poor advice on…

#bank#funding#smes

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