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Europe

EKN guarantee demands

Demand for EKN export credit guarantees has soared during the first half of 2009, according to the swedish Export Credits Guarantee Board (EKN), prompting the firm to apply to the government for a doubling of the limit for export guarantees....

Eurofactor and Credit Agricole given stable AA- IDF rating...

It was yesterday announced that Eurofactor, the factoring arm of Credit Agricole, has been given a Fitch long-term Issuer Default…


EBRD responds to G20 by raising annual investment to...

EBRD are raising the level of its investments this year to €8 billion, following the G20’s appeal on 5th September…


56% SMEs unaware of government help

More than half of small businesses in the UK are not aware of the Government financial help available to them,…

#guarantees#small business#smes


Asset based finance “remains key funding source” with an...

A small increase in sales this quarter shows that asset based finance “remains a key funding source for businesses” in…

#asset based finance#bank#Bank of England


Changes to government trade credit scheme good news for...

Changes made to the government’s £5bn trade credit insurance top-up scheme, launched in May this year, look set to make…


Late payment excuses cause headaches for SMEs

Customers continue to cause headaches for many SMEs in the UK by offering elaborate and far-fetched excuses for the non-payment…

#bank#invoice#management


Small firms waiting up to four months to be...

Small firms are waiting up to four months for invoices to be paid by several big brand names, Federation of…

#Amazon#invoice#late payment


Industry’s benefits still misunderstood

The UK s factoring and asset based finance industry has been hailed by many as a model success story rooted…

#bank#Bank of England#business finance


Large drop in Lithuanian factoring turnover

Lithuania s factoring turnover dropped in the first half of 2009 according to figures published by the Lithuanian Banks’ Association (more…)

#bank#banks


EIB increases support for SME projects in Romania

The European Investment Bank is providing two intermediated loans to support the projects of SMEs in Romania (more…)

#bank#European Commission#financial institution


SMEs can unlock vital funds to survive the recession

Managing cash flow is one of the most demanding aspects of running a business in the current climate, according to…

Govt to take action with second crunch on the...

The German government is expected to take early action in expectation of a second credit crunch (more…)

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