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The latest figures released by the Asset Based Finance Association (ABFA) reveal poor results for the asset based finance industry for the second quarter 2009, showing a 17 percent drop in total advances between 2008 and June 2009, with contraction...
#bank#Bank of England#invoice
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
Major strides have been made in recent years to clarify the role and status of factoring in Russia. Legislation passed…
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
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 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 Commercial Finance will be leaving international factoring associations Factors Chain International and International Factors Group in the near future,…
#commercial finance#international#international factoring
Reports have started afresh that Deutsche Bank is looking to purchase assets from Dutch financier ABN Amro, including a factoring…
Factorscan examines the rapid growth that factors in the Balkans and eastern Europe have managed to achieve in recent years…
Results from the Small Business Finance Barometer Survey conducted by factoring firm Close Invoice Finance could suggest that optimism is…
#business finance#cash-flow#invoice
Ultimate Finance have released their annual figures for the year ending June 2009, reporting a £406,000 profit before tax and…
#bank#Bank of England#commercial finance
In a recent interview with The Herald Scotland, the Federation of Small Businesses has voiced concerns that the two foremost…
#bank#financial services#recession
Deutsche Bank has announced it will be launching a new global financial supply-chain management platform that will be fully integrated…
#bank#Deutsche Bank#management