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Europe

Mediofactoring increases market share to 30 per cent

Mediofactoring, a factoring company of the Intesa Sanpaolo Group, has released its latest financial results as of 31 December 2011. (more…)

Bibby pledges to fund NLGS cashflow gap

Bibby Financial Services has pledged to lend GBP340 million to SMEs that will not benefit from the Government s extension…

#bank#bank loan#Flexible Funding


Regency Factors awarded EFG accreditation

Regency Factors has been approved for the Government's Enterprise Finance Guarantee (EFG) Scheme. (more…)


New online receivables exchange launches in Denmark

Dansk Faktura Bors A/S, a receivables exchange based in Denmark, has recently been launched by business partners Kasper Oldby and…

#bank#funding#international


Lloyds agrees GBP7.5m invoice discounting deal with Midlands manufacturer

Mail Solutions Group has secured a GBP7.5 million invoice discounting line from Lloyds Bank Wholesale Banking Markets. (more…)

#bank#international#invoice


Hauling specialist refinances using GBP50m invoice finance package

Hargreaves Services, a Durham-based hauling specialist, has re-financed its core UK banking facilities and increased them from GBP115 million to…


New capital requirements for Russian banks could ‘undercut competitiveness’

The new requirements for calculating capital adequacy at Russian banks, developed by the Central Bank, will reduce the competitiveness of…

#bank#banks#capital requirements


Factoring companies' turnover up by 31 per cent

Members of the Polish factors' association, PZF, recorded PLN 18.4 billion turnover in the first quarter of 2012, up by…


Will Factoring in Russia continue its rapid growth?

Trade and services handled by the Russian factoring industry nearly doubled in 2011. BCR Factorscan met with Mikhail Yakunin, General…


IFC Bank initiates factoring service

The financial services provider, OJSC JSCB International Financial Club (IFC Bank), in cooperation with the National Factoring Company, has begun…


Ultimate Finance’s turnover increases by 25 per cent

Ultimate Finance Group plc, a provider of financial solutions to SMEs, has reported a 25 per cent increase in turnover…

#commercial finance#recession#smes


Government to create trading house to support SME exports

The government of Hungary has agreed to establish a Trading House to support SME exports, citing a draft of a…

#bank#economy#exports

Bibby UK appoints new CEO

David Postings has been announced as the new CEO for Bibby Financial Services UK. (more…)

#commercial finance#financial services#invoice

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