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Europe

SME owners considering all options

Nearly a third of SME owner-managers in the East of England would take out a person loan to fund their venture, according to a survey by Close Invoice Finance (more…)

Marsh claim credit insurers have not failed German firms

Credit insurers have not failed German companies in the current crisis insurance broker Marsh said on Wednesday (more…)

#Allianz#Atradius#bank


Banca Transilvania injects capital into factoring arm

Romania's fifth lender by assets Banca Transilvania injected funds to increase the share capital of Compania de Factoring IFN (more…)

#investments#leasing


EIB increases its support to SME projects

The European Investment Bank is provide support to small and medium-sized enterprises in Romania (more…)


Ultimate Finance Group extends finance facility

Ultimate Finance Group has secured an increase in its back to back receivable financing arrangement with Lloyds TSB Commercial Finance…

#bank#commercial finance#invoice


Record high for trade credit claims

Latest ABI figures show that trade credit insurance remains a vital lifeline to businesses that are hit by the effects…


Regency Factors announce rise in profits

UK factoring company Regency Factors has recorded a significant increase in turnover and profit (more…)

#asset based finance#funding#funding gap


Late payment ripple effect impacts over half UK businesses

Late payments to businesses are causing a 'ripple effect' impacting on more than half UK businesses (more…)


Yorkshire Bank announce Ј100m SME fund

SMEs in Yorkshire and the North East will soon be able to benefit from a £100m fund set up to…


PSB Factor of the Year amongst Russia's financial elite

Promsvyazbank (PSB) has received the Factoring Company of the Year award at the annual Russia s Financial Elite 2009 award…

#bank#banks#leadership


Eurofactor voted Best Import Factor 2009

Eurofactor AG was voted Import Factor of the Year for the first time by the 244 members of Factors Chain…

#awards#guarantee#international


Small firms showing signs of recovery

Small businesses which were hit hard by the worst of the credit crunch and the recession nearly a year ago…

Credit insurers must rebuild trust

While the most recent CBI survey indicated that credit conditions were starting to stabilise, feedback from its members indicates that credit…

#exporters#management#payment terms

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