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Europe

FSB and Capitalise launch SME funding platform

Small businesses are finding it harder to access finance and are seeing credit costs rise, according to new research by the Federation of Small Businesses (FSB).The figures show barely more than half (53 per cent) of SME credit applications were...

#business finance#credit risk#management

Clifford Chance provides legal counsel to Barentz in structuring...

Clifford Chance provided legal counsel to Barentz, a prominent global distributor specialising in life sciences and specialty performance ingredients, regarding…

#Clifford Chance#receivables securitisaton


Optimum Finance names Iain Hendry to lead UK sales

Optimum Finance, an invoice finance specialist, has promoted... (more…)

#Ant Persse#Optimum Finance


EBRD and AIK Banka support SMEs in Serbia

The European Bank for Reconstruction and Development (EBRD) has commenced cooperation with AIK Banka in Serbia with an inaugural loan…

#green finance


YouLend secures deal to extend £4bn in financing to...

YouLend, a global finance platform, has closed a private securitisation deal with JP Morgan as a senior lender and Castlelake,…

#embedded finance#JP Morgan#YouLend


WFY’23: ‘Portugal’s factoring market surpassed growth rate of...

As was the case worldwide, the first year of COVID-19 had a severe, disruptive effect on the Portuguese economy, said…

#Factoring and Renting#Vitor Graça#World Factoring Yearbook


Fibus to acquire credit insurance and factoring activities from...

Insurance consulting and brokerage firm, Servir, has entered a commercial partnership with Fibus, a consulting company specialising in brokerage and…

#digital#digital solutions#insurance


Polish factoring poised to return to growth in 2024

The factoring market experienced a modest decline in turnover by the close of 2023. However, a resurgence is expected in…

#bank#banks#fintechs


Sebastian Rice joins Markel to drive growth in Europe

Markel, the insurance operation within Markel Group Inc, has appointed Sebastian Rice as a Senior Underwriter and head of Business…

#Managerial Appointments#trade credit insurance


British Business Bank’s RLS 3 surpasses £1bn in funding

The British Business Bank (BBB) revealed today that its Recovery Loan Scheme (RLS) has reached a noteworthy milestone by facilitating…

#Martin McTague#Recovery Loan Scheme#Richard Davies


WTW propels Michael Creighton to lead GB Trade Credit...

Global advisory firm WTW has promoted Michael Creighton to Head of Trade Credit and Trade Finance, Great Britain. Reporting to…

#Managerial Appointments#trade credit#wtw


Poland postpones mandatory e-invoicing implementation due to system errors

Poland's ambitious plan to introduce mandatory e-invoicing on July 1, 2024, has hit an unexpected roadblock, leading to Finance Minister…

#poland

WFY’23: The structure of Croatia’s factoring volume changed in...

The Croatian factoring industry continued to grow in 2022 (+11 per cent versus 2021), reaching a volume of EUR 1.365bn[1],…

#World Factoring Yearbook

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