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Europe

RBS Group sells French factoring unit to GE Capital

GE Capital, one of Europe s leading providers of SME financing, has signed an agreement with The Royal Bank of Scotland (more…)

#bank#factoring platform#SME financing

Invoice payment behaviour worsens, Intrum Justitia survey finds

Estonian companies are writing off 3.3 per cent of the total invoiced amount this year. This is notably more than…


EBRD supports local exporters and importers in Croatia

The EBRD is helping to boost regional and foreign trade in Croatia by providing a 25 million trade financing facility…

#bank#exporters#guarantees


EBRD participates in capital increase of Araratbank

The EBRD is increasing its capital in privately-owned Armenian bank ARARATBANK by up to (more…)

#bank#financial services#guarantee


EBRD to fund rural businesses in Poland

The EBRD is to provide a 50 million credit line to Bank BGZ for on-lending to micro, small and medium-sized…

#bank#management#MSME


Credit Agricole announce first quarter factoring increase

Credit Agricole Group today released their quarterly results, reporting an increase in both domestic and international factoring for the first…

#Credit Agricole#international#international factoring


Lloyds TSB supplies Norfolk staffing agency with invoice discounting...

Lloyds TSB Recruitment Finance has provided a 13 million invoice discounting facility to independent specialist staffing agency Jark. (more…)

#commercial finance#invoice


Factoring in France – World Factoring Yearbook

Thierry Willieme, CEO France, GE Capital; General Manager, Cofacrédit and board member, Association des Sociétés Financières in France, provides Factorscan…

#bank#interest rates#payment terms


Castilla and Leon Board sign factoring collaboration agreement

The Board of Spanish province Castilla and León has signed a collaboration agreement with sixteen financial institutions, to (more…)

#Banco Santander#Caixa#financial institution


Bankruptcies up 27 per cent in 2009

A study by trade credit insurer Coface has found that bankruptcy filings in Romania increased 27 per cent in 2009,…

#insolvency#management#recession


Gener8 Finance appoints new Regional Director.

SME Invoice discount provider Gener8 Finance has announced the appointment of Richard Hill as Regional Sales Director in the South…

#corporate finance#Gener8 Finance#international


EUF announces EU factoring figures for 2009

The total turnover for the factoring and commercial finance industry in 2009 in the EU was (more…)

#commercial finance#crisis#EU Federation

EBRD provides new private sector and SME finance facility...

The EBRD has provided a new 110 million facility its to support for the growth of the private sector and…

#banks#business finance#funding

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