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Europe

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 by the Association of British Insurers (ABI) have revealed.ABI data shows that in the first half of this year:  ABI...

#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


multifi secures £10m funding from Fasanara Capital

The UK start-up multifi, specialising in finance for small and medium-sized ... (more…)

#Fasanara Capital


WFY23: Cyprus total factoring volume showed a 50.2 per...

The Cypriot economy proved to be resilient in 2022, despite the many challenges of a global nature, which include successive…

#World Factoring Yearbook


BBVA Spark backs Twinco Capital with new €50m debt...

Supply chain finance (SCF) fintech Twinco Capital announced on Tuesday, in the sixth edition of the Valencia Digital Summit (VDS), it…

#purchase order finance#Quona Capital#Sandra Nolasco


Time Finance appoints Karen Blanchard as Relationship Executive to...

Time Finance is welcoming Karen Blanchard (pictured) to its invoice finance team as a Relationship Executive.Karen brings over 40 years of experience in…

#Time Finance


Ultimate Finance strengthens relationship team

Ultimate Finance, the asset-based finance provider, has welcomed six new Relationship Managers to its team across the country. The new hires…

#asset based finance


Reward Finance Group secures additional £50m funding

Reward Finance Group, which provides SMEs with tailored business finance loans and asset-based solutions of up to £5m, has secured…

#business finance#interest rates#Reward Finance


Family-run Fox Brothers receives £70m syndicated ABL

Blackpool-based Fox Brothers is on the road to growth following a £70m asset-based lending facility from NatWest and HSBC UK.Syndicate…

#NatWest


Accelerated Payments partners with Funding Friends

Accelerated Payments is announcing a strategic partnership with UK funding expert… (more…)

#Accelerated Payments


How harnessing the power of AI can revolutionise alternative...

Using artificial intelligence (AI) in our everyday lives, and in business, is firmly in the mainstream and it’s now commonly…

#AI#artificial intelligence#Conister Bank

Comments from industry specialists on UK stagnant inflation rate

Following today’s UK stagnant inflation rate this morning, industry specialists comment on what this will mean for local SMEs.Jonathan Andrew, CEO…

#inflation#Manx Financial

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