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Europe

Lending to SMES continues its upward momentum in France

In November 2010, the volume of loans granted to French SMEs rose by 6.5 per cent year on year. Growth of credit to larger businesses amounted to 2.6 per cent over the year. (more…)

Bankruptcies continue to grow in Portugal

According to the latest study of the Portuguese economy... (more…)

#crisis#economy#insolvencies


Entrepreneurs’ optimism about cash flow is overset by funding...

Although 63% of UK entrepreneurs who took part in the Investec Entrepreneur Confidence Index expecting an improvement in their cash…

#bank#cash-flow#Investec


Europe’s top 40 banks reveals substantial growth in Supply...

The new Demica research report reveals that o ver 90% of top European banks are experiencing very strong growth in…

#bank#management#risk


Oamps expands into UK credit insurance market

Oamps Special Risks has launched a new credit insurance division in the UK, Oamps Credit. (more…)


Bank of Scotland continues to provide working capital to...

Bank of Scotland is set to provide working capital to Irish businesses well into the new year... (more…)


Insolvency practitioner's troubles, bankrupts BRF Factoring

Bankruptcy procedures have commenced against Bernd Reuss, Friedberg based insolvency practitioner. (more…)


Lloyds TSB Commercial Finance provides liquidity to independents

Asset based finance provider Lloyds TSB Commercial Finance took part in the continuation of a syndicated 340 million back-to-back facility…

#asset based finance#commercial finance#financial services


Bankruptcies decrease in Poland

Polish news site Parkiet has reported a decrease in the number of company bankruptcies in Poland. (more…)


IFN Finance announces rebranding

As of December 13, 2010 the factoring bank IFN Finance GmbH, headquartered in Cologne, will be renamed ABN AMRO Commercial…

#ABN AMRO#ABN AMRO Commercial Finance#bank


UK banks Ј30bn short of SME lending target

The UK banks are 30bn short of their SME lending targets set by the Government. (more…)


AIB could be nationalized this week

ALLIED Irish Bank, which has recently been accused of withdrawing its invoice discounting services (denied by AIB), could be nationalised...…

ABL continues to grow in third quarter according to...

Figures released on 6th December from the Asset Based Finance Association (ABFA) show asset based lending to businesses has grown…

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