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Europe

French factoring posts 13.9 per cent growth

Although the growth rate of the factoring market was slower in 2011, the industry managed to show a double digit growth, according to the French Association of Financial Companies. (more…)

Dresdner Factoring makes plans for continued growth in 2012

Dresdner Factoring expects its factoring turnover to grow by 9.1 per cent in 2012. (more…)


Coface considers IPO

Coface, the French-based credit insurer, is still considering a stock market listing having refocused its core business, according to their…

#insurance#poland


Metalrax secures GBP14m ABL facility

Tweet Follow @BCRpublishing Birmingham-based Metalrax Group plc has refinanced its existing banking facilities after agreeing a GBP 14 million asset-based…

#invoice#Two


ARF: Romanian factoring volume grew 43 per cent in...

The Romanian factoring market increased by 43 per cent in 2011, reaching a volume of almost EUR 2.6 billion, according…


CBI Governor: Credit conditions for Irish SMEs worst in...

The Governor of the Central Bank of Ireland has said that the lack of available bank credit is likely to become…

#bank#banks#conference


DoF: Banks must lend 15bn euros to SMEs over...

Allied Irish Banks and Bank of Ireland will have to lend 15 billion euros between them to small business over…

#bank#banks#economy


Eurofactor climbs Spanish factor rankings

In spite of the difficult economical environment in the country, Spanish factoring activity grew by eight per cent in 2011.…


Abcfinance acquires factoring neighbour

Cologne-based Abcfinance has purchased neighbouring factoring company BMP Becker, Mueller Partners (BMP). (more…)

#abcfinance#bank#receivables


FSB: Government should champion non-bank finance to help SMEs

The Federation of Small Businesses (FSB) has urged the government to make it easier for smaller firms to access finance…


Small business minister: late payment legislation hasn’t worked

A UK government minister has admitted that laws designed to ensure that suppliers are paid on time are not working.…


Supply chain finance 'vital' to Jaguar Land Rover success

Improving the supply chain is critical to Jaguar Land Rover s (JLR) continued success, according to the UK government s…

Aldermore and Shawbrook pick holes in new government credit...

Two new UK banks have criticised government plans for a new credit guarantee scheme to increase cash-flow to small businesses.…

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