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Europe

Government proposes new rules to save SMEs millions in...

More than 100,000 small businesses could save in excess of £600 million a year in accountancy and administration costs under government proposals to reduce financial reporting requirements. (more…)

#guarantee#innovation#international

CAL&F receives Ђ150m line of credit from CEB

Crédit Agricole Leasing & Factoring (CAL&F) has received a €150 million line of credit from the Council of Europe Development…

#bank#investments#leasing


IFG’s first UK conference focuses on new era of...

The Interface Financial Group (IFG), North America's largest alternative funding source for small business, has held its first corporate regional…

#alternative funding#conference#interest rates


Demica report: SCF growth prospects remain strong

Seventy five per cent of top European banks still believe growth prospects for Supply Chain Finance (SCF) to remain strong…

#bank#management#platforms


Chancellor pledges credit line to SMEs

The Chancellor of the Exchequer, George Osborne, has announced a new programme of credit easing in which the Treasury would…

#bank#Bank of England#bonds


Chartis recruits industry veteran for trade credit position

Credit insurer Chartis has brought in industry veteran Will Clark to replace Neil Ross following an internal promotion, GTR reports.…

#Atradius#bank#financial services


The Bulgarian Factoring Industry

Filip Genov, Executive Director of UniCredit EAD, provides an overview of the factoring market in Bulgaria, covering industry environment, market…

#bank#international#invoice


FC Life receives 500m rubles from government towards SME...

The Joint Stock Company (SME Bank), a subsidiary of the Vnesheconombank Group, has approved a financial instalment of RUR500 million…


Intermarket Bank welcomes new factoring board member

Monika Traub, 44, has become the new member of the Management Board of Intermarket Bank, the leading factoring bank in…

#bank#management#receivables


ABS Global Factoring purchases Swiss factor

German-based ABS Global Factoring AG has acquired 66.6 per cent of SME Factoring AG. (more…)


Commission calls for EU-states to cut-down on SME paperwork

The European Commission has requested France and Luxembourg to reduce administrative burdens on SMEs. (more…)


Businesses’ receivables jumped Ђ500m in H1 2011

The short-term receivables of the 1,600 largest companies in Bosnia s Republika Srpska (RS) in the first half of 2011…

#liquidity#receivables

Pragma Factoring predicts a profitable financial year ahead

Pragma Factoring SA estimates that its gross sales revenue will reach 200 million zl by the end of 2011, with…

#acquisition#management#Vice president

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