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Europe

Banks missed their lending target to small businesses

Bank lending to small- and medium-sized enterprises (SMEs) as part of Project Merlin, fell short of government targets in 2011. (more…)

Business owners are draining personal savings to help run...

More business owners are resorting to drawing on their own personal savings to keep their businesses going compared to this…

#bank#Bank of England#insolvency


Spanish Banca Civica reports 37% factoring growth

Banca Civica sees increase in factoring operations. (more…)

#bank#confirming


Swiss domestic factoring grows 9.4%

The Swiss Factoring Federation has reported an increase in domestic factoring volume in 2011, while international factoring remains weak. (more…)


IRF to allocate 10m euros for factoring and guarantees...

The Investment Development Fund (IRF) of Montenegro, has presented a plan for development in 2012, at a recent press conference…


Alpha Bank and Eurobank merger approved

The Greek Competition Commission has approved the merger of Alpha Bank SA and Bank EFG Eurobank Ergasias SA. The banks…


French corporates adopting new security procedures

French companies are looking for more security in their transactions by increasing their demands to banks and insurers. (more…)

#AIG#debt collection#guarantees


MarketInvoice reaches Ј1m a month

MarketInvoice volume grows past one million pounds per month. (more…)


177 million invoices remain unpaid every year

Every tenth invoice issued by SMEs remains unpaid each year, a new study reveals (more…)

#invoice#payment terms#smes


New factor to finance up to 100%

Nucleus Commercial Finance opens office in London (more…)


UK Government to prompt payment drive

UK Government and businesses will work together provide advise for SMEs to help them to get paid on time (more…)


Bank of France posts sharp decrease in SME lending

A latest report by the Bank of France has shown a 60 per cent decrease in SME lending. (more…)

EIB provides 100m euro loan to assist SME lending...

The European Investment Bank (EIB) has granted a EUR 100 million loan to Sociedad de Desarrollo de Navarra, S.A. (SODENA),…

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