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Europe

EU and EBRD partner with KredoBank in support of...

As part of its SME Competitiveness programme, the EU and the EBRD have put in place a €25m guarantee facility, to enable €100m of new financing by Ukraine’s KredoBank. EBRD opens a limit of up to €25m available under the...

#KredoBank#TFP

Turkish Param enters European BNPL market

Param, one of Turkey's biggest FinTechs, is entering the European market with the acquisition of leading CEE Buy Now, Pay…

#BNPL#SME financing


Douglas Grant on UK inflation falling and its impact...

Commenting on UK inflation falling as long-term liquidity concerns continue for SMEs, Douglas Grant (pictured), Group CEO at Manx Financial…

#Douglas Grant#Manx Financial Group


New funding line to strengthen BZ’s ABL market offering

BZ, the specialist UK asset-based lender, is excited to announce the completion of a major senior funding line from UBS,…

#debt financing


TMF Group launches receivables collection service

TMF Group, a leading provider of compliance and administrative services, has announced the launch of a new collection receivables service,…

#Cash flow#cash-flow#receivables


One Stop Business Finance gains additional funding from Shawbrook

One Stop Business Finance, a lender which offers solution-led and responsible funding options to SMEs, has continued its partnership with…

#One Stop Business Finance


Enigio joins Allen & Overy’s cohort

Fuse, Allen & Overy’s tech innovation hub has welcomed Enigio into its current cohort.  Allen & Overy and Enigio expect…

#digitalisation#digitisation#Enigio


UK SMEs turn to alternative lenders, Sonovate study reveals

Two-thirds (65%) more businesses are experiencing difficulty in accessing finance from high-street banks than they were in 2022 as mainstream…

#Cash flow#embedded finance#Richard Prime


C4DTI starts working on ‘reliable systems’ for ETDA

As reported earlier, the UK Electronic Trade Documents Act (ETDA) received Royal assent on 21 July and comes into force on 20…

#C4DTI#electronic trade documents#Electronic Trade Documents Act


German factoring grow despite falling international business

Contrary to general economic developments, the members of the German Factoring Association (DFV) were able to achieve solid sales growth…

#German Factoring Association#import factoring


BBVA improves conditions of sustainable confirming

BBVA has decided to improve the conditions of its sustainable 'confirming' for companies that are suppliers to its clients in…

#BBVA#confirming#ESG


Polish factor reaps benefits of exceptional market growth

Nearly PLN 6.3m (€1.419m) in six months of 2023 - this is the total value of receivables purchased by AFORTI…

#PZF

Comments from the industry specialists on BoE increase of...

ollowing the Bank of England’s decision today to raise interest rates... (more…)

#Bank of England#interest rate

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