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Europe

KBC Business Capital sold to US asset based lender

KBC Group today announced the sale of its UK asset-based lending business, KBC Business Capital, to a subsidiary of (more…)

#financial services#KBC#leadership

Portuguese factoring increases during first half of 2010

The Portuguese Association of Leasing, Factoring and Renting (ALF) has reported a 21.6 per cent rise in credits taken for…

#ALF#confirming#Factoring and Renting


More then 11,000 businesses go bust, 1st quarter of...

More then eleven thousand companies in Romania were in insolvent during the first quarter of this year. To be precise,…


Promsvyazbank reports strong H1 growth in corporate and SME...

Promsvyazbank (PSB), Russian commercial bank and a factoring market leader, reports today that its portfolio showed strong growth in H1,2010...…

#bank#liquidity#management


South East and London businesses need other funding options

Businesses in the early years of trading in London and the south east will need to be more financially aware…

#cash-flow#financial services#Funding Options


Moody’s upgrades its outlook for National Factoring Company

Moody's Investors Service yesterday changed to stable from negative the outlook on the B3 long-term foreign and local currency deposit…

#bank#funding#liquidity


Trading in Ultimate Finance shares has been suspended

Trading in Ultimate Finance shares has been suspended after the provider of invoice discounting... (more…)


Ukranian factoring market – small but stable: figures for...

The Ukranian factoring market posted volume figures for new factoring agreements signed in the first quarter of 2010 of 560.0m grivnas, which…

#3M#bank


Atradius announces a new commercial head of their UK...

Trade credit insurer Atradius announces Alun Sweeney as the new commercial head of their UK and Ireland business.Alun Sweeney brings…

#Atradius#insurance#international


Suppliers to the Molson Coors brewer are forced to...

The Forum of Private Business today included the brewer in its hall of shame for the move, which took effect…

#forum#payment terms#sustainability


The financial strength of the automotive industry saw a...

The rate of business insolvencies for the automotive industry fell from 0.14 per cent in July 2009 to 0.10 per…

#insolvencies#insolvency#late payment


EBRD grants US $ 50 million to support Georgian...

According to EBRD, the bank increases the availability of financing to Georgia’s real economy. It has recently granted US $50…

Invoice financing grows as SMEs brace themselves for the...

Following the trend of declining public sector orders as many as 150 thousand country s small businesses may be facing…

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