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Europe

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 Juri Cetti. (more…)

#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


RBS IF extends GBP100m funding package with Manchester firm

Hewden, a plant and equipment hire firm, has extended a GBP100 million funding package with RBS Invoice Finance until 2015.…


Basware agrees deal with automotive supplier

Basware, a Finnish-based software provider, has signed a major deal with one of the UK's largest suppliers of car parts…

#automation#invoice#management

Aldermore expands invoice finance network

Aldermore has announced the opening of three new invoice finance offices as part of its ambitious expansion plans. (more…)

#Aldermore#bank#commercial finance

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