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Europe

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 the UK, according to Kate Sharp, Chief Executive of the Asset Based Finance Association (ABFA). The figures, released yesterday by the...

#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…)


IFC to provide $20mn to Azerbaijani bank

The Board of Directors of the International Finance Corporation is set to approve a $20m loan for Azerbaijani Bank Respublika (more…)

#bank#global trade#international


Encouraging signs as changes made to credit insurance scheme

The Government has widened criteria and dropped charges for its trade credit insurance scheme (more…)


Russian confidence returns

In August, factorings.ru on the initiative of Promsvyazbank (PSB) - surveyed the Russian factoring market to assess the situation and…

SMEs put themselves at risk

According to the new research by the Asset Based Finance Association, 56 per cent of SMEs aren't aware of the…

#asset based finance#guarantee#risk

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