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Europe

RBS says SMEs too wary in acquiring funding

Small business experts at the Royal Bank of Scotland have said the money is there for a revival in the SME sector but businesses are still too wary to approach the banks. (more…)

#bank#Bank of England#NatWest

The dangers of overreliance on a single debtor

Close Invoice Finance has reveals that 350,000 SMEs across the UK rely on a single customer for over 75% of…

#insolvency#invoice#management


New chief operating officer at Cattles

Paul Mackin is set to become chief operating officer of Cattles Plc, the parent company of Cattles Invoice Finance. (more…)


Venture Finance attracting new business in the downturn

Venture Finance North has reported a big rise in new customers in the first quarter of the year as the…

#funding#invoice#Two


EIB extends funds to SME lenders

The European Investment Bank (EIB) on Wednesday signed two partnership agreements with ATEbank and Marfin Egnatia Bank. (more…)

#bank#banks#channel


Vision Critical appoints new director

Vision Critical appoints John Thornton as a Non-Executive Director. (more…)


Credit checking worryingly rare among UK SMEs

Research by Cattles Invoice Finance (CIF) has revealed that only 27 per cent of UK SMEs credit check new customers.…


PSB strengthens Chinese offering

The volume of Promsvyazbank s (PSB) international factoring transactions with China increased by 55.7% to 52 million in 2008. (more…)


Factoring faces potential crisis

The Bulgarian factoring market experienced a slowing in growth with companies extending deferred payment periods as the global financial and…


Encouraging signs as bank lending improves

A survey by the Forum of Private Business reveals that businesses are slowly regaining confidence.

#bank#forum


Association releases annual figures

The Spanish Factoring Association releases positive statistics for factoring growth in 2008. (more…)

#international#international factoring#management


'No decision' on Cattles Invoice Finance

Cattles have announced that 'no firm decision' has been reached on the expected sale of it's invoice finance division (more…)

Latvian Government initiates support for factoring clients

Through its Finance and Economy Ministries, Latvia has become the latest government to support businesses, with a programme worth LVL 120…

#bank#exporters#guarantees

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