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Europe

Ashley purchase boosts Ultimate Finance’s year end profits

Bristol-based invoice financing group Ultimate Finance has reported an increase of 51 per cent in turnover and a 61 per cent rise in pre-tax profits for the year ended 30 June 2011. (more…)

New report – SMEs missing out on available finance

UK SMEs are failing to take advantage of £28 billion of available funding despite a significant lending gap, according to…


BBVA and Chamber of Commerce provide Ђ1.2bn funding package...

BBVA and the Bilbao Chamber of Commerce have signed an agreement to bring financing to the SME sector through a…


Deutsche and SEB form SCF partnership for Electrolux

Germany's Deutsche Bank has teamed up with SEB of Sweden to establish a supply chain finance (SCF) programme for mutual…

#bank#conference#Deutsche Bank


Experian: Two thirds of UK SMEs severely lack credit...

More than two thirds of the UK's small business community are severely lacking in credit awareness, researchers have found. (more…)


UK SMEs: Bank margins of loans are too high

Three out of four SMEs (75 per cent) think that bank lending margins on loans are too high, up from…


LSE’s CEO: SMEs are only solution to UK growth

The chief executive of the London Stock Exchange (LSE) has said that boosting the UK's SME community is the only…

#Boost#European Commission#funding


Erste Bank finalises Magyar Factor buyout

Erste Bank Hungary (EBH) has bought out its partner in Magyar Factor, giving it 100 per cent of the factoring…

#acquisition#bank


RBS names global transaction head

RBS has appointed Neal Livingston as head of Emea global transaction services (GTS) in a move to expand the bank…


The Hungarian Factoring Industry

Ferenc Csaki, CEO of Magyar Factoring, provides an overview of the factoring market in Switzerland, covering industry environment, market performance,…

#bank#exports#international


MP criticises invoice factoring in House of Commons debate

A Member of Parliament (MP) has said the banks "shove companies down the invoice-factoring route" rather than help them with their…


SME Envoys agree EU growth plan

SME Envoys from countries all across the European Union have met in Brussels to shape a strategy aimed at freeing…

MarketInvoice passes Ј1m mark

Non-bank finance provider MarketInvoice channels over 1 million of capital direct to SMEs six months since its launch. (more…)

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