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Europe

Sterling Trade Finance launch in the UK

Launched earlier this month, Sterling Trade Finance Ltd has joined the UK s trade finance market, offering a range of products to SMEs (more…)

Invoice finance takes the bite out the credit crunch

With the global credit crunch putting pressure on firms it is more important than ever for businesses to have a solid…


Cattles invoice finance unit sees loss ratio rise

Batley-based Cattles said the loss ratio at its Manchester-based invoice finance division has increased to 3.1% in the three months…


Bulgaria's Development Bank to launch operations in mid 2009

Bulgaria s Development Bank is expected to launch operations in mid-2009, said energy minister Petar Dimitrov. (more…)


Eurofactor rated as Germany’s top Import-Factor

Results released by FCI place Eurofactor AG as the number one German based Import Factor for 2008 (more…)


Banks urged to improve treatment of small firms

Chancellor Alistair Darling and Business Secretary Lord Mandelson will urge the UK's biggest banks to improve their treatment of small firms at…


EBRD in small business loan to Russia’s Master Bank

The European Bank for Reconstruction and Development has agreed to extend a loan of RUB234m (EUR7.76m) to the privately-owned Master…

#bank#guarantees#management


Factoring fraudster told : Pay Ј1.6m or do 10...

A fraduster has been told to pay back £1.6m within the next six months or face a further ten-year jail…


Davenham faces tough times

Asset based lender Davenham has cut jobs and warned of a loss in profit after being hit by a rise…

#bank#banks#commercial finance


Government launches new program to help SMEs get financing...

Finance minister Janos Veres has announced that the government will soon launch the Capital Union Program aimed at helping SMEs…

#crisis#smes


More SMEs to benefit from EBRD loans

The EBRD is extending another EUR10m loan to Mikrokreditna Fondacija Partner, a leading microfinance institution in Bosnia and Herzegovina (more…)

#bank#management#risk management


Credit crunch creates Ј1.5bn business investment shortfall

A new survey from Siemens Financial Services Limited has found that the UK economy's ongoing stagnation is seriously hindering businesses…

319 bankruptcies in last three quarters

The Polish market has seen 319 cases of companies' insolvencies over the last three quarters, according to a report on…

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