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Europe

European Commission and EIF unveil new SME finance tool

A new European Commission-backed SME funding instrument seeks to attract increasingly wary banks to support the struggling sector by matching risk associated with innovative companies. (more…)

RBS IF looks to enhance ABL transactions with new...

RBS Invoice Finance (RBSIF) has appointed James Shaw as head of Portfolio, Corporate. (more…)


Centric provides GBP7m invoice discounting boost to Delta Display

Centric Commercial Finance, a Surrey-based SME lending specialist, has structured a GBP7million invoice discounting facility to Delta Display Ltd, which…

#bank#commercial finance#invoice


Trade bodies form SME partnership

The National Association of Commercial Finance Brokers (NACFB) and the Federation of Small Businesses (FSB) have partnered to provide a…

#commercial finance#small business#small businesses


Government to introduce new SME support measures

The Polish government is to introduce new support measures for SMEs in the forms of state guarantees for working loans…


RBS SCF solution shortlisted for Banking Technology prize

RBS has been short-listed for the Best Use of IT in Wholesale/Transaction Banking at the Banking Technology Awards 2012 with…

#automation#awards#banks


FC POLITEKS opens representative office in Saint-Petersburg

FC POLITEKS (Politeks) actively develops factoring operations in Saint-Petersburg. (more…)

#bank#electronic factoring#international


Report – Access to funding for Irish SMEs second...

A new report on competitiveness has revealed that access to funding for Irish SMEs has deteriorated to the second worst…


ABFA announce new chairman

The Asset Based Finance Association (ABFA) has announced the appointment of its new chairman, John Onslow, chief executive of Centric…

#commercial finance#head of trade and working capital#international


MFB gets EUR100m EIB loan for SME financing

The European Investment Bank (EIB) has provided a EUR100 million loan to the Hungarian Development Bank (MFB) to finance small…

#bank#economy#SME financing


Burgan Bank to purchase a quarter stake in Fimbank

Kuwait's Burgan Bank, which recently bought the Turkish arm of EFG Eurobank, is planning to buy a quarter stake in…

#acquisition#bank#international


IFC and Banca Transilvania make more funds available for...

The International Finance Corporation and Banca Transilvania are expanding their partnership by increasing financing available for small importers and exporters…

#bank#exporters#guarantees

Factoring in the UK – A Country Review

  Kate Sharp, Chief Executive of the ABFA provides a review of the U.K. factoring market, covering industry environment, market performance,…

#bank#international#International Trade

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