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Europe

New Civil Code to govern factoring

Upcoming revisions to Hungary s Civil Code will introduce specific regulations on factoring agreements for the first time, Hungarian financial journal Portfolio has reported. (more…)

Surecomp receives Financial-i award

Global trade finance solutions provider Surecomp has been named the winner of the fourth annual Financial-i Leaders in (more…)


Receivables finance on the rise as businesses struggle to...

Trade receivables finance has become increasing popular as businesses seek to cope with recessionary pressures, according to a new report…


Small businesses owed a collective Ј30 million in late...

Big businesses are continuing to monopolise on their dominant market position and delay invoice payment to small and medium sized…


Survey reveals critical focus for financiers in 2010

A recent survey of businesses across the financial sector, including asset-based lenders, found that technology will be a critical focus…


Factoring operations increas at Central Bank of Azerbaijan

The Central Bank of Azerbaijan experienced a significant increase in factoring operations this October, with volumes reaching (more…)

#bank#banks#Letters of Credit


ABFA head off proposed insolvency changes

Factorscan spoke with Kate Sharp, CEO of the Asset Based Finance Association (ABFA), about a recent proposal put forward by…


EBRD pending loan to Serbian SMEs

The board of European Bank of Reconstruction and Development (EBRD) has approved a loan of (more…)


Ashley Commercial Finance announce yearly result

Cheshire-based Ashley Commercial Finance yesterday released their financial results for the year ended 31st March 2009, announcing a pre-tax profit…

#bad debts#commercial finance#invoice


Financial advisers deem asset based lending a ‘core funding...

A recent survey of corporate financial advisers conducted by Centric Commercial Finance has revealed promising results for the factoring and…

#cash-flow#commercial finance#invoice


EBRD extends Ђ100 million to Polish SMEs

The EBRD is increasing the availability of financing in Poland with a 100 million medium term credit line to (more…)


ABFA launch online fraud service

The Asset Based Finance Association (ABFA) has partnered with the Finance and Leasing Association (FLA) to offer a new fraud…

EIB extending 110 million euros to Bosnian SMEs

The European Investment Bank (EIB) has announced today the signature of three separate loan contracts for a total amount of…

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