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Europe

Credit insurance: the anti-domino effect

Xavier Denecker, Coface's Managing Director for the UK and Ireland, gives his views on the vital role that credit insurers continue to play in the UK and how their efforts are central to its recovery. (more…)

Banks pull the plug on a third of UK's...

Banks have withdrawn unused credit facilities from 34% of the UK s largest companies, starving them of liquidity, damaging revenues…

#bank#financial services#interest rates


Cattles Invoice Finance jobs 'not under threat'

Factoring provider Cattles Invoice Finance has confirmed that job losses at its parent company will not affect staff employed at…


Government consider EUR1bn SME support package

Establishing a fund worth EUR1bn to support SMEs is one of the main measures being considered by the Finance Ministry to counter…

#bank#guarantee#smes


Government unveil small business loan plan

A plan to guarantee up to £20bn of loans to small businesses to help them survive the economic downturn has…


Business failures reach staggering heights

Equifax Business Failures Report reveals full scale of downturn in 2008 with significant increases in the number of firms going…

#guarantee#management#recession


SMEs to benefit from Ј650m of EIB finance in...

The European Investment Bank has signed three new generation EIB loans for SMEs in the UK for a total of…

#bank#risk#small business


Venture Structured Finance appoints two Portfolio Managers

Asset-based lender Venture Structured Finance has announced the appointment of two experienced portfolio managers (more…)


Credit insurers withdraw cover in volatile economic environment

With trade credit insurance becoming increasingly hard to obtain, many companies fear the situation will only get worse in 2009 (more…)

#Atradius#credit risk#insolvency


Funding key to survival in 2009

2008 saw company after company going into administration as cash-flow was hit by the looming recession, but experts fear 2009…


Aon launches Tradeability credit insurance

Aon has launched a credit insurance service for SMEs, in partnership with Euler Hermes UK (more…)

#AON#management#R3


Azerdemiryolbank raised $7 million for SMEs

Azerdemiryolbank announced last week that it has raised the first loan from the Swiss Investment Fund for Emerging Markets (more…)

Tough times for Russian factoring leader

Eurokommerz announces delay in coupon payment on rouble bond series 01, 02, 03 (more…)

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