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Europe

Lloyds extends Ј20 million ABL deal

Lloyds TSB Commercial Finance extended a £20 million ABL offering, enabling Smiths News to acquire book wholesaler Bertram Group, a former division of the Woolworths group. (more…)

#asset based finance#commercial finance#liquidity

SMEs afraid to chase late payments

Despite late payment placing increasing pressure on small firms, a survey by Cattles Invoice Finance has shown that more than…


The Budget – are measures sufficient?

Following the Budget announcement this afternoon, Edward Rimmer - chief executive of Bibby Financial Services in the UK Ireland commented…


Cattles suspends shares

Shares in doorstep lender Cattles Plc were suspended today, with the company's  invoice discounting arm currently up for sale. (more…)

#bad debts#invoice


SMEs can expect half a million in support

Irish SME's will benefit from the decision of the EU Commission to authorise the Irish Government to hand out state…

#confirming#exports#recession


The Budget – some easing, but enough?

Following the release of the UK Budget, Edward Rimmer Chief Executive of Bibby Financial Services in the UK and Ireland,…


Euler Hermes commends government but attacks banks

Euler Hermes welcomes government credit insurance scheme while attacking the banks for not lending in the downturn. (more…)

#Atradius#management#security


Trade credit plan attacked on eve of release

Struggling retailers have criticised a plan expected to be unveiled by Alistair Darling in tomorrow's Budget for failing to go…


Luxemburg to provide top-up credit insurance

The European Commission has authorized a measure adopted by Luxembourg to provide top-up credit insurance coverage for companies. (more…)

#DEC#European Commission#trade


Big enterprises and state organisations undermine Irish small business

A new survey by the Irish Small and Medium Enterprises Association (ISME) has revealed that Irish SMEs are being hit…


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…

#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

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