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Europe

Comet to meet with trade credit insurers over supplier...

Comet, the electricals retailer, is set to meet with trade credit insurers next week to try and determine whether they will carry on offering cover to its suppliers once the business is sold to OpCapita in February. (more…)

#funding#insolvency#trade

Munich Re offers SCF parasol to solar park operators

Global reinsurer, Munich Re, is offering to insure solar park operators against the risk of their suppliers going bankrupt, as…


RBS Invoice Finance completes GBP12m ABL funding deal

Cambridgeshire-based business Wellgrain, a privately owned trader of combinable crops, has secured a GBP 12 million asset-based lending (ABL) funding…

#funding#invoice#receivables


Nationwide considers SME lending

Nationwide, the largest building society in the United Kingdom, is considering offering loans to SMEs to broaden its traditional customer…

#banks#commercial lending#SME lending


Raiffeisen Bank: factoring turnover in 2011 totalled 15.8 billion...

Raiffeisen Bank Poland has maintained top spot in the Polish factoring market, noting an 18 per cent increase in annual…

#bank#crisis#poland


Bibby responds to latest trade deficit figures

Bibby Financial Services has responded to the latest Office for National Statistics (ONS) figures, which showed the UK goods trade…


EC approves extension of Danish export credit financing scheme

The European Commission (EC) has authorised the prolongation of a Danish export credit financing scheme until 31 December 2015. (more…)


Equinox Global appoints ex-Chartis VP to launch French arm

Equinox Global, an approved Lloyds of London cover holder specialist in trade credit insurance, has appointed Alban De Malherbe to…


PFA: Double-digit factoring growth expected to continue in 2012

Factoring turnover of Polish Factors Association (PFA) member companies in 2011 amounted to 67.1 billion zloty, 19 per cent higher than…


CBI/PwC: Financial services sector growth increases but caution remains

The volume of business in UK financial services grew for the seventh quarter running, and at the fastest pace since…

#financial services#interest#investment


FSB: Olympics legacy will be damp squib for small...

According to the Federation of Small Businesses (FSB), new figures show that six in ten small firms believe the London…

#FSB#small business#small businesses


New managing recruit for Aldermore Invoice Finance

Clive Briggs has been appointed to the role of Regional Sales Manager for the Invoice Finance Division of Aldermore. (more…)

#Aldermore#bank#i

Hilton Baird: Lack of SME confidence threatens 2012 growth

Less than a third of small businesses expect their company to expand over the next six months, according to a…

#banks#Clear#funding

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