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Europe

KUKE: Export market to grow by 11.5 per cent...

The Export Credit Insurance Corporation (KUKE), an insurance provider for Polish SMEs, has predicted that the export market in Poland will grow by 11.5 per cent in 2012, to approximately 153.7 billion euros. (more…)

Bond Street jeweller secures GBP15m ABL package from RBS...

David Morris International, the London-based jeweller, has secured a GBP 15 million Asset Based Lending (ABL) funding package from RBS…

#cash-flow#funding#international


Intermarket Bank add new member to management board

Christian Ahlfeld has been appointed to the management board of Intermarket Bank, a factoring bank in Austria. (more…)

#bank#management#receivables


Jones leaves Aldermore IF for Reward CF

Yorkshire financier Dave Jones has left Aldermore Invoice Finance to become a partner at Reward Capital and its recently launched…


Lending to SMEs under EFG scheme falls to record...

Lending under Government flagship small business lending scheme, the Enterprise Finance Guarantee (EFG), has fallen to a new record low,…

#bank#Bank of England#guarantee


SME secures international export finance deal

Rabobank has provided ZhL, a Ukrainian confectionery company, with a five-year credit export finance deal. (more…)


Small businesses chase export growth

Average export turnover for small UK businesses increased by 42 per cent between the second and third quarter of 2011,…

#exports#international#invoice


CORRECTION: Credit Agricole forced to cut jobs

In a Factorscan news item, published on Thursday 15 December 2011, regarding Credit Agricole and their recent job cuts, it was stated…


EBRD pledges USD100m to support Ukrainian SMEs

The European Bank for Reconstruction and Development (EBRD) has launched a USD100 million lending facility for MSMEs in the Ukraine.…


Deutsche Bank selects HPD Software Aquarius

Deutsche Bank AG has signed contracts with HPD Software for the rollout of Aquarius across their European sites. (more…)

#asset based finance#bank#Deutsche Bank


SMEs appeal to government to update invoice financing laws

Russian import and export trade companies are appealing to their government to simplify legislation on invoice financing in a bid…


Atlantic Forfaiting replaces retiring CEO in boardroom reshuffle

Zurich-based Atlantic Forfaiting Company has appointed Martin Fankhauser as their new chief executive officer following the retirement of market veteran…

#i#trade

Irish Government publishes report on SME lending

The Irish Finance Minister, Michael Noonan, has published an independent report on the demand for credit by SMEs. (more…)

#bank#commercial lending#SME lending

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