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Europe

BoE: Bank lending on the rise but fewer SMEs...

UK Banks have received fewer requests for credit, despite an expected increase in the availability of finance for small businesses in 2012, according to the Bank of England. (more…)

RBS IF appoints five new regional managing directors

RBS Invoice Finance appointed five new Regional Managing Directors following the restructure of its UK based SME operations. (more…)

#bank#invoice#management


Huddlebuy: UK SMEs believe they can no longer rely...

Sixty-five per cent of small business owners believe they will have to seek alternative ways of funding their enterprises in…

#alternative funding#bank#Funding Options


Spain: Supply chain finance overview

Carlos Olivares, Director of BBVA Factoring and Confirming Spain, provides an overview of supply chain finance in Spain for the…

#bank#commercial finance#interest rates


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…


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.…

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