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Europe

Lloyds Bank rolls out ‘Paperless Guarantee’

Lloyds Bank is enabling corporate customers to request digital Guarantees or Standby Letters of Credit under a new 'Paperless Guarantee' initiative.The paper-free suite has been developed to support businesses who have a high volume of transactions requiring bank guarantees to...

#digitalisation#ETDA#guarantees

WTW hires Hannah Fearn to lead Financial Solutions team

Insurance broker WTW, has announced the appointment of Hannah Fearn as Director of the Financial Solutions team.Fearn brings over 15…

#Managerial Appointments#wtw


Essar Oil UK secures $150m in receivables financing

Essar Oil UK, the company that operates the Stanlow refinery at Ellesmere Port, has agreed a deal worth $150m.The company…

#working capital


Time Finance announces Wayne Spratt as newest addition to...

Time Finance is welcoming Wayne Spratt (pictured) as a Business Development Manager in its invoice finance team.Wayne joins the leading alternative…

#Business Development Manager#Time Finance


Metro Bank enlarge invoice finance team with two appointments

Metro Bank has made two appointments to its growing invoice finance business. Vicky Jones-Ayre joins as a Relationship Manager for…

#Metro Bank


Finacity upsizes receivables securitisation programme for Swissport

Finacity Corporation (“Finacity”), a White Oak Global Advisors Company, has successfully closed an upsize and expansion of its existing $75m…

#receivables securitisation#Swissport


France’s factoring market growing more slowly in 2023

France’s factoring market grew more slowly in the first half of 2023 than in the first half of 2022. Even…

#international factoring


Belarus government admits problems with unpaid receivables

The government and the National Bank must solve the problem of receivables, especially for Belarusian potash fertilizers (fertilizer potassium), Belarusian…

#payment delays#receivables


UK fintech Apron raises $15m to innovate invoice processing...

Apron, an intuitive fintech platform that slashes the time small businesses spend processing invoices, has raised $15m in Series A…

#invoice management


BCR Webcasting: Tim Armstrong, Silver Birch Finance

“AI’s potential in data cleansing is huge,” Tim Armstrong, Head of Receivables Financing & Data Science, Silver Birch FinanceIn the…

#AI


Quadient and Coface partner to offer advanced risk management...

Quadient, a leader in helping businesses create meaningful customer connections through digital and physical channels, and Coface, a globally renowned…

#credit risk management#Quadient#risk management


CargoX and Enigio develop interoperable eBL platforms

CargoX, a leading innovator in digital trade solutions, has joined forces with Enigio, a pioneer in electronic document management, to…

#C4DTI#CargoX#digitalisation

BFS: UK SMEs lack confidence in politicians, but skew...

●       As the Party Conference season kicks off, new data commissioned by SME funder, Bibby Financial Services (BFS), finds that confidence…

#conference#interest rates#smes

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