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Europe

Bank of Ireland establishes Ђ250m SME fund

Bank of Ireland has established a €250m fund to provide SMEs with access to working capital (more…)

Banca Italease to follow stand-alone strategy

Banca Italease shares fell on Monday after the company's decision to pursue 'a stand-alone strategy' (more…)

#bank#banks#Clear


Business failures set to to rise by 50pct in...

The number of business failures in the UK is set to rise by 50% in 2009 as firms struggle to…


Amlin withdraws from credit insurance market

The credit insurance sector is continuing to suffer the effects of the credit crisis with the announcment that Amlin will…


UK businesses still ignoring Small Firms Loan Guarantee Scheme

The Small Firms Loan Guarantee is deemed an attractive form of finance for business clients by 66% of UK accountants according…


Businesses helped by trade credit insurance as economic uncertainty...

Latest figures from the Association of British Insurers (ABI) show that as the economy worsens, more businesses are being helped…

#recession#risk#trade


Fairfax Gerrard in administration

Fairfax Gerrard Holdings Ltd. has been placed into administration as of 19th November (more…)


Visually-impaired computer specialist buys up competitor with factor funding

Lloyds TSB Commercial Finance help finance take-over of software company.   (more…)

#commercial finance#funding#international


France to underpin credit insurance

The French government plans to underwrite credit insurance for risky companies in a bid to prevent a collapse of confidence…


New life-line for business

Bulgarian business is showing increasing interest in the services of factoring companies. (more…)

#banks#crisis#liquidity


FC “Eurokommerz” group announces exercise of option to acquire...

The founding shareholders and management of Eurokommerz have exercised their option to acquire 20.9% of shares in Eurokommerz Group from…

#Deloitte#management#WHO


Another owner of factoring business is nationalized

Latvian government allowed controol of Parex Banka. (more…)

CBI survey finds viable firms at risk as access...

Findings of CBI's major survey of UK-based companies. (more…)

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