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Europe

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 company in the history of the Ukrainian factoring market. (more…)

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…


Absolute Invoice Finance bought by AnaCap subsidiary

AnaCap Financial Partners have sold Absolute Invoice Finance to SME financier (more…)

#acquisition#Aldermore#bank


AIB enhance invoice discounting services for SMEs

AIB has announced enhancements to its invoice discounting service, in order to make the service more accessible to (more…)

#bank#invoice#management


FIM Bank to launch joint venture in Russia

FIM bank are to launch a 58 million factoring joint venture operation in Russia, in partnership with (more…)


42% of SMEs face difficulty funding export business

According to the latest research from Bibby Financial Services, a significant number of small businesses have experienced an increase in…

Start-up firm rejected by banks secures funding with Venture...

Venture Finance has provided a 150,000 factoring line to new business Progressive Die Components, after the firm were rejected funding…

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