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Europe

Only half of UK firms using e-invoicing

New research from Formscan, the document solutions provider, has revealed the extent to which British firms are still operating manual invoice processing systems. (more…)

SME funding still hard to come by

An overwhelming majority of financial advisers say that securing funding for small and medium sized businesses is becoming more troublesome,…

#bank#cash-flow#financial services


EBRD extends 100 million euros to Millennium Bank

The EBRD is providing a 100 million medium term loan to improve Bank Millennium s funding structure... (more…)


Recession is “catalyst” for business change, says CBI

UK business organisation CBI has heralded the recession as a catalyst for a decade of business change, in its latest…

#financial services#late payment#supply chain finance


FIMBank and Rom Factor: a Maltese cross

Joao Costa Pereira, First Vice President Head Mediterranean Factoring at FIMBank in Malta, talks to Factorscan about FIMBank s decision…

#bank#international#invoice


Credit Collection Group purchase 60,000 debtor portfolios

Ukrainian firm Credit Collection Group (CCG) this month completed the largest purchase of accounts receivable debt by a credit collection…


EBRD to become Promsvyazbank shareholder

The European Bank for Reconstruction and Development is set to become a shareholder of Russia s Promsvyazbank (PSB), after today…

#bank#Boost#Commerzbank


Hitachi Capital Invoice Finance announce new Head of Sales

Hitachi Capital Invoice Finance last week announced plans to expand its invoice factoring business in the UK with the appointment…

#bank#invoice#receivables


French Development Agency extend Ђ13.5 million loan to Vietnam...

Proparco, a subsidiary of the French Development Agency, and Saigon Thuong Tin Commercial Joint Stock Bank have signed a credit…


BCR and 3i co-host Factors and Supply Chain Finance...

BCR Publishing last week held its second seminar in partnership with 3i Infotech, entitled Factors and Supply Chain Finance. Part of…


Assignment of current accounts claims invalid in German insolvency

DLA Piper provide an overview of changes to German assignment law that are likely to have a significant impact upon…

#assignment#bank#insolvency


The Lazarus phenomenon: from Cattles to Absolute

Doug Crawford, CEO of Absolute Invoice Finance, (formerly Cattles Invoice Finance) in the UK talks to Factorscan about the company…

Close named specialist lender of the year

The parent bank of Close Invoice Finance, Close Brothers Group Plc, has been named specialist lender of the year at…

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