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Europe

Bibby: Late payment holding UK economy back

The UK's economic output is being squeezed by companies that fail to meet the payment terms of their suppliers, according to research, conducted by Bibby Financial Services, among UK businesses, which has found the trading performance of small and medium-sized...

Factoring forms a part of Government action plan

Pierre Moscovici speaks in favour of factoring facilitation. (more…)

#bankruptcy#Paid#payment delays


Smaller banks say new rules hit their lending

Smaller British banks' efforts to expand their lending practices are being hindered by incoming global financial regulations, a new study…

#banks#crisis#financial services


Experian: UK late payments fall in 2012

The 2012 Late Payment Index from information services company Experian has revealed that UK businesses paid their bills more than…


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…

#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…

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