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Europe

Aon calls on government to help credit-hit SMEs

Credit insurance broker Aon Trade Credit has said that the government must act rather than just listen. (more…)

#AON#banks#risks

SME budget halved

Despite previous government funding promises, Romanian SMEs are facing slashed funding this year.   (more…)

#conference#funding#GDP


Italease’s factoring assets to be disposed in the next...

Italease s main shareholder Banco Popolare announced that it will launch a buyout offer for the troubled bank. (more…)

#acquisition#bank


Government ambitious target proved to be unrealistic

Research from commercial credit reference agency Graydon UK, reveals that the Government's pledge to ease the cashflow problems faced by…

#cash-flow#Commercial Credit#payment practices


Fitch cuts Russian Factoring No 1 To C

Fitch Ratings has today downgraded the rating on the senior notes issued by Russian Factoring No. 1 S.A. (the issuer)…

#liquidity#receivables#risk


Czech factoring market – article from World Factoring Yearbook...

Tomas Moravek, Chairman of the Board and General Manager, CSOB Factoring, a.s. (more…)

#bank#exporters#exports


Standard & Poor's confirmed «ruBBB-» and «B-» ratings for...

International rating agency Standard and Poor s confirmed the rating ruBBB- on the Russian scale and the long-term counter party…


National SME Council highlights issues faced by business

More difficultty in access financing, lower exports and lower demand in the local market are just some of the effects…


Business leaders propose SME-orientated Post Office Bank

The UK Post Office is considering establishing a banking arm to service those SMEs who have been unable to find funding…


Recession spawns new breed of business owner

Research by Bibby finds that the new breed of UK entreprenuer is a women, aged 45-54, who runs her own small…


Theory and reality of government support diverge

The announcement that the cabinet has agreed to release 20bn to ease frozen credit lines sounds great in theory but…

#bank#IGF#liquidity


Failed entrepreneurs encouraged to try again

Failed businessmen are being encouraged to launch new enterprises as banks increase their offering to the flagging SME sector. (more…)

#bank#bankruptcy#management

Banco Populare considering Italease buy-out

Italease's factoring and leasing arm faces a buy-out and potential restructuring by Banco Populare. (more…)

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