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Europe

RaiffeisenLandesbank to renew factoring line for troubled Neckermann

Neckermann Austria will sustain operations, while in administration, thanks to a renewed factoring facility. (more…)

#bankruptcy#interest#WHO

Funding Circle reach new SME lending milestone

Funding Circle, a UK-based online lending platform which matches private investors with businesses looking for funding, has announced a new…


Banca IFIS publish record H1 2012 results

Banca IFIS, an Italy-based bank, specialising in trade receivables, has released its financial results for the first half of 2012.…

#Banca IFIS#bank#receivables


SME National Loan Guarantee Scheme to be wound down

The UK Government s National Loan Guarantee Scheme (NLGS) is being wound down having had no perceptible impact on small…

#bank#guarantee#guarantee scheme


Factoring in Bulgaria – A Country Review

  Vladimir Vachkov, Factoring Manager Corporate Banking Division Postbank Bulgaria provides a review of the Bulgarian factoring market , covering industry…

#bank#exporters#interest rates


EBRD provide USD10m to Accessbank for loans to SMEs

The European Bank for Reconstruction and Development (EBRD) is providing additional funds for loans to small businesses with a loan…


Report: Small business turnover shows quarterly increase

Small business domestic turnover increased by three per cent between the first and second quarter of 2012, according to The…


Aldermore IF appoint new Operations Director

Lisa Cleaver has been appointed as Operations Director at Aldermore Invoice Finance. (more…)

#Aldermore#bank#financial services


Close Brothers add to invoice finance sales team

UK-based Close Brothers Invoice Finance has appointed Martin Baker as regional sales director. (more…)


PrimeRevenue looks to break into Italian SCF market

PrimeRevenue Inc., a US-based platform for global supply chain finance (SCF) has announced a partnership with the Italian consulting firm,…


Centric Commercial Finance provides agency with GBP4.75m facility

Surrey-based Centric Commercial Finance has provided Momentum Instore with a GBP4.75m facility of invoice discounting and a flexible cash flow…


Lloyds TSB Commercial Finance to restructure

Lloyds TSB Commercial Finance announces sales team restructure. (more…)

#asset based finance#bank#commercial finance

Promsvyazbank strengthens SME finance team

Promsvyazbank has promoted Kirill Tikhonov to Vice-President, Small and Medium enterprises business. (more…)

#bank#management#small business

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