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Europe

Cattles Invoice Finance expands Manchester team

Independent business funder, Cattles Invoice Finance (CIF), has strengthened its Manchester sales team with the appointment of regional manager, Adele Berry. (more…)

#bank#commercial finance#invoice

Factoring declined to 2006 levels

Activity in the Latvian factoring market has shrunk to its 2006 level, while leasing has fallen to 2004 levels, according…


Insurance association publishes statement of principles

The Association of British Insurers (ABI) has issued a so-called Statement of Principles on the sector, outlining how insurers operate…

#Atradius#guarantee#guarantee scheme


IFC preparing loan for Azeri AGBank

The International Finance Corporation (IFC) has finished preparations for expansion of financing for Azerbaijan's AGBank. (more…)


Soaring trade credit insurance claims

Insurance claims by companies left unpaid for goods supplied to firms that went bust soared more than 50% in the…

#Atradius#guarantees#payment terms


HSBC recommending invoice finance to troubled SMEs

With more than two million SMEs saying the issue they'd most like this month's Budget to address is the problem…


Withdrawn credit insurance creating problems

Half of large retailers and over 40 per cent of small and medium-sized businesses say the reduction or withdrawal of…


Czech factoring market retracts

Czech factoring companies belong to a sector which has been hit hard by the financial crisis and only 7 out…

#bank#banks#financial services


Germany considering credit insurance cover

Germany's government considers offering temporary credit protection to companies struggling to secure loans to pay suppliers. (more…)


Government and business urged to get tough on late...

40% of small and medium-sized firms would put action to tackle late payments at the top of Chancellor Alistair Darling's…

#invoice#late payment#management


NIB loan aims to revitalise SME sector

The Nordic Investment Bank and the Latvian state-owned Latvijas Hipoteku un zemes banka have signed a new agreement for a…

#bank#financial institution#recession


Larger companies the worst of the late payers

Three in five businesses are struggling with cashflow because their clients are delaying payments, and large companies are the worst…

#bank#HMRC#UK companies

State guaranteed credit insurance scheme expected

The Chancellor of the Exchequer, Alistair Darling, is expected to announce a state-guaranteed credit insurance scheme in next Wednesday's budget.…

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