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Europe

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


SMEs push to be at heart of economic revival...

Policies to support SMEs should be at the heart of the EU's economic recovery plan, according to the Small Firms…


Factoring in Serbia has ‘enormous potential’, says FCI Secretary...

Jeroen Kohnstamm, Secretary General of Factors Chain International, declared that factoring had enormous potential , during the latest Export Factoring…

#banks#conference#international


Simply Business: Invoice financing growing as business lending tumbles

Simply Business has reported an increase in SMEs seeking alternative sources of credit such as invoice discounting and factoring as…


NE firms: Lending freeze starting to thaw

The lending freeze that has gripped markets since the financial crash of 2008 is starting to thaw, firms in the…

#bank#Bank of England#invoice


RBS IF funds merger with Ј9m invoice discounting line

Royal Bank of Scotland's invoice finance arm (RBS IF) has provided a 9 million invoice discounting line to fund a…

#bank#invoice#trade


EBRD launches Ђ60m energy efficiency facility for SMEs in...

The European Bank of Reconstruction and Development (EBRD) has launched a 60 million programme for SMEs in Romania to improve…

#bank#banks#funding


EIB lends Ђ150m to support SME projects

SMEs and mid-cap companies in Poland are set to benefit from the European Investment Bank (EIB) lending 150 million to…


German factor Vantargis in boardroom shake-up

Leasing and factoring specialist, Vantargis AG, has experienced significant changes in its boardroom recently. (more…)

#bank#CIT#Commerzbank

FreshLinc secures Ј6m invoice discounting facility

FreshLinc has agreed a £6 million finance package with HSBC's Corporate Banking Team in the Midlands. (more…)

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