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WFY23: ‘Factoring is a relatively new product for the...

Factoring is a relatively new product for the Georgian market said Tamara Khizanishvili, Head of Trade Finance and Factoring Department, TBC Bank in her article included in the most recent edition of World Factoring Yearbook. Interest in this financial tool has, however, significantly increased...

#World Factoring Yearbook

Paul Hird appointed to Time Finance Board as Non-Executive...

Time Finance has named Paul Hird (pictured) as Non-Executive Director. Paul, who currently holds a number of non-executive and board-level…

#asset based finance#Ed Rimmer#Leumi ABL


Polish construction sector drives factoring demand

According to data from NFG, a Polish factor, up to 3/4 of sole proprietorships across the country may be trapped…

#bank#invoice#receivables


Froda and Ageras partner to expand SME finance...

The Nordic tech companies Froda and Ageras have entered into a strategic partnership. Froda is one of Sweden’s fastest-growing fintechs…

#business finance


MFG CEO comments on UK interest rates remaining unchanged

Commenting on the decision announced yesterday by Bank of England to keep unchanged the UK interest rates, Douglas Grant (pictured), Group CEO of…

#Douglas Grant#interest rates#Manx Financial Group


Hercules Site Services signs £15m invoice discounting facility with...

Hercules Site Services (Hercules) has secured a new invoice discounting facility of... (more…)

#funding#IGF#invoice


Capify launches new £45m fund for SMEs

Capify, the specialist SME financier, is announcing today the launch of a new dedicated £45m loan fund for SMEs. The fund…

#Capify


Bibby Financial Services’s CEO comments on recent insolvency statistics

According to the latest UK company insolvency statistics, insolvencies have risen by 10 per cent from a year ago, in the…

#insolvencies#interest rates#Jonathan Andrew


BCR’s Trade and Investment Forum dates announced

BCR announces dates for its second annual Trade and Investment Forum (TIF24), which will take place on 12 March in…

#investment in trade assets#TIF24


iwoca’s research: SMEs are still unsure about AI

New data from small business lender iwoca reveals that while more than half of SME owners (55%) feel they have…

#AI#iwoca


Trade credit insurers see payouts up 23%

Trade credit insurance payouts soared to their highest H1 level since 2018 in the first half of 2023, new figures…

#credit risk#trade credit insurance


Four in ten SMEs prefer fintech lenders, Sonovate study...

Four in ten (40%) UK small and medium-sized businesses (SMEs) claim it is easier for them to access finance from…

#Richard Prime#SME lending#Sonovate

ABC Finance Ltd partners with Uswitch

In order to provide invoice finance via its online comparison platform, UK-based ABC Finance has partnered with Uswitch. The collaboration…

#FCA#Financial Conduct Authority#insurance

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