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Europe

Championing UK exports

Andy Meadwell, Sales and Marketing Director - International at Bibby Financial Services in the UK, talks to Factorscan about the company s continuing success in the export offering, the marked rise in the cost of credit insurance and the need...

Spanish administration owes billions to SMEs

Statistics have revealed that Spain's local, regional and central public administrations owe more than 35 billion euros in outstanding invoices...…


EBRD to support MSME finance sector

EBRD has begun a new strategy for FYR Macedonia, which sets out the priorities for the EBRD in the region…


Banks must lend to SMEs as part of recapitalisation

The banking recapitalisation plan, announced yesterday, will serve to free up credit for small and medium sized enterprises (SMEs) and…

#bank#SME lending#smes


Local factoring market contracts 28 per cent

Romania s local factoring market contracted 28 per cent in 2009, with the market s value dropping to (more…)

#conference#management#receivables


MEPs vote in favour of EU small business accountancy...

Very small companies could be exempted from having to draw up annual accounts, after MEPs approved changes to EU accounting…


Late payments costing SMEs almost Ј2 billion a year

Chasing late payments could be costing the UK s small business sector 1.9 billion a year, according to new research…

#financial services#invoice#late payment


New Civil Code factoring law to come into force...

The Budapest Times has announced the new regulations regarding factoring agreements that are to be detailed in Hungary s revised…


Bankruptcies at start of year double 2009 figure

The number of companies that became bankrupt doubled in the first two months of this year compared to the same…

#bank#bankruptcy#receivables


Royal Bank of Scotland to sell RBS Factoring GmbH

Royal Bank of Scotland Group PLC today announced that it has agreed to sell its German factoring unit RBS Factoring…


EIB assists SMES in Austria with loan to BAWAG...

The European Investment Bank is to extend a 100 million loan to Bank f r Arbeit und Wirtschaft und sterreichische…

#bank#crisis#economy


Bibby Financial Services sets up small business fund

Bibby Financial Services has today announced a multi-million Pound invoice finance offering, tailored to support small businesses in the UK.…

#financial services#invoice#small business

New factoring firm launched in Hertfordshire

A new factoring company Team Factors Ltd is to be launched in Hertfordshire, Business Money News has reported. Based in Kings…

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