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The European Investment Bank (EIB), the European Union s long-term lending institution, will provide €250 million for investments undertaken by SMEs in the Netherlands and Belgium. (more…)
#bank#ING#interest rates
Efcom, the German based factoring software company held its 9 th annual Factoring Symposium at its Frankfurt headquarters on the…
UK finance specialists, Close Brothers, have extended their operations in Ireland and are targeting SMEs with tailor-made asset and invoice…
Pragma Factoring has purchased 173 million zl worth of receivables in the third quarter of 2011, a 59 per cent…
Finnish export credit agency Finnvera has merged two units to form one SME financing division, GTR reports. (more…)
#SME financing#Two
Banks will no longer have to pay VAT when selling non-performing loans to other entities, such as foreign subsidiaries, other…
Invoice finance specialist Bibby Financial Services has promoted Mark Riches to sales director for its international trade finance business. (more…)
#exporters#Flexible Funding#international
The European Bank for Reconstruction and Development (EBRD) is lending the leading Polish cooperative bank association, BPS, up to 25…
#bank#MSME#small business
The Duff Phelps Corporation, an independent financial advisory and investment banking services firm, has acquired MCR. (more…)
#acquisition#banking services#insolvency
Lloyds TSB Commercial Finance has provided a £35 million receivables finance line to partly fund the management buy-out (MBO) of…
#bank#commercial finance#Lloyds Bank
The proportion of small British firms which were turned down for bank loans quadrupled between 2007 and 2010 and was…
The European Commission has submitted a proposal to implement a new regime to freeze both pre and post-judgment bank accounts…
#bank#European Commission#guarantee
Nearly half of SMEs have cash reserves available, but many see the economic climate as too uncertain for investment, according…