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Europe

ABFA release 2008 overview

The Asset Based Finance Association (ABFA) reported a nine percent year-on-year sales volume increase for 2008, in their annual report for 2008 released on Monday. (more…)

#asset based finance#invoice

Leumi ABL buys Charterhouse client book

Charterhouse Commercial Finance have withdrawn from factoring and sold their client book to Leumi ABL (more…)

#asset-based lender#bank#commercial finance


Insolvencies rise 141% in 2009

Insolvencies have increased by 141 percent in the first nine months of 2009, according to figures released by Coface Bulgaria…


Eurofactor UK changes name to Crйdit Agricole Commercial Finance

Eurofactor UK will today change their name to Credit Agricole Commercial Finance (more…)


2008 figures demonstrate Romanian factoring's growth potential

The future growth of Romania s factoring industry was discussed at the Ziarul Financiar seminar on Tuesday, with figures for…


ABFA report 17% drop in advances for second quarter

The latest figures released by the Asset Based Finance Association (ABFA) reveal poor results for the asset based finance industry…

#bank#Bank of England#invoice


Law firm reports resurgence of asset-based finance

Law firm Browne Jacobson have reported a resurgence of interest in asset-based lending, including invoice discounting and factoring, in recent…

#asset based finance#commercial finance#funding


Increasing regulatory clarity

Major strides have been made in recent years to clarify the role and status of factoring in Russia. Legislation passed…


Dutch Ministry of Finance given deadline for sale of...

The Dutch Finance Ministry has been given a deadline of October 16th to find a buyer for selected ABN AMRO’s…

#ABN AMRO#bank#banks


ABFA reports localised recovery in the UK

Economic recovery in the UK is very much localised, according to the Asset Based Finance Association s (ABFA) Economic Report…

#asset based finance#bank#Bank of England


Lloyds launch bad debt insurance for SMEs

Lloyds banking group has today launched a bad debt insurance product, specifically aimed at small and medium-sized enterprises still struggling…

#bad debts#bank#commercial finance


KBC to leave IFG and FCI

KBC Commercial Finance will be leaving international factoring associations Factors Chain International and International Factors Group in the near future,…

#commercial finance#international#international factoring

Deutsche Bank could still be in line to buy...

Reports have started afresh that Deutsche Bank is looking to purchase assets from Dutch financier ABN Amro, including a factoring…

#ABN AMRO#bank#banks

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