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Europe

Credit insurance claims decrease while insolvencies rise, according to...

Trade credit insurance claims have decreased for the first time in a year during the second quarter of 2009, according to the latest figures released the Association of British Insurers. Yet during the same period, the total value of claims...

#insolvencies#insolvency#risk

Absolute to begin recruitment drive

Following their recent re-launch Absolute Invoice Finance, formerly Cattles Invoice Finance, have announced they will begin a huge recruitment drive…

#bank#invoice#management


The EBRD – Europe’s knight in shining armour

This month Factorscan met with members of the European Bank for Reconstruction and Development s (EBRD) Trade Facilitation Programme at…

#bank#emerging markets#forum


July net lending lowest on record according to Bank...

The Bank of England’s “Trends in Lending” September 2009 report, released on Friday, revealed that net lending fell to its…

#bank#Bank of England#invoice


Bibby chief urges larger firms to take up invoice...

 Edward Rimmer, Chief Executive of Bibby Financial Services, has spoken out against larger firms failure to sign up to the…

#financial services#invoice#late payment


GMAC to quit UK market, reports The Independent

The Independent reported on Sunday that GMAC Commercial Finance are to withdraw from the UK market. According to the Independent article, the…

#bank#commercial finance#credit risk


NACFB survey finds invoice finance availability up 20%

Availability of invoice finance is up by more than 20 percent since last year, a survey by the National Association…

#cash-flow#commercial finance#funding


Cattles Invoice Finance re-launches as Absolute in Ј70 million...

Cattles Invoice Finance has re-launched as Absolute Invoice Finance, as AnaCap Financial Partners completed a £70 million deal for the…


EKN guarantee demands

Demand for EKN export credit guarantees has soared during the first half of 2009, according to the swedish Export Credits…


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

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