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Europe

EU lawmakers agree to make loans for SMEs cheaper

EU lawmakers have agreed with countries on cutting the amount of capital banks must hold against loans to smaller companies, resolving one of several issues holding up the implementation of the Basel III capital rules in Europe, a negotiator has...

#bank#interest rates#international

EU to introduce new support for SMEs under Horizon...

European Commissioner for Research and Innovation Máire Geoghegan-Quinn has announced new measures to support SMEs in developing high-potential innovations and…


PKF commences funding service for SMEs

UK-based accountancy firm PKF has launched a new initiative with the aim of supporting small businesses struggling to get access…


Factors continue to increase their rates

Despite paying more for factoring, clients are not returning to banking credits. (more…)


Ultimate Finance to continue to grow

Ultimate Finance announces final results the year ending June 2012. (more…)


Cre@nces Services breaks through EUR1bn barrier

Credit Agricole s online invoice financing programme for SMEs has surpassed the EUR1 billion benchmark. (more…)

#banks#Credit Agricole#invoice


BNP Paribas Factor and FCF officially merge

Fortis Commercial Finance (FCF) France and BNP Paribas Factor officially merged this week to form a single entity under the…


New EU loan guarantee facility launched in Austria

A new European Union loan guarantee facility for innovative small and medium-sized enterprises (SMEs) was launched in Austria this week.…

#bank#EIF#First Bank


Factoring in Sweden – A Country Review

  Agneta Brandimarti, Banking Lawyer and Member of the Secretariat of the Swedish Bankers Association, provides a review of the Swedish…

#bank#invoice#management


FC POLITEKS passes 1bn rubles benchmark

Volume of outstanding portfolio of FC POLITEKS surpassed RUB1 billion. (more…)

#bank#i#international


Family-run seafood supplier secures GBP10m asset-based lending facility

A family-run seafood supplier today announced a refinancing which sees it secure additional funding to support its growth plans. (more…)

#funding#trade#working capital


Alfa bank to deliver EUR15 million working capital solution...

Alfa bank will provide Net Element with RUB600 million (EUR15 million) via factoring and a credit line. (more…)

#Alfa-Bank#bank#emerging markets

Atradius paid out over GBP150m in claims

For the past three years Atradius has the claims paid, totalling over GBP150 million and helped 11,000 British businesses, says…

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