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Europe

SME confidence remains stable

Confidence levels amongst Britain's small business owners have stayed at the same level for two quarters in a row - the first time since April 2007 that confidence has not fallen quarter on quarter. (more…)

Money owed to SMEs leaps to GBP 18.6bn

Britain's SMEs are owed a massive GBP 18.6bn in outstanding payments according to research commissioned by Bacs Payment Schemes Limited.…

#invoice#late payment#payment practices


Economic downturn causes increase in purchase of trade credit...

Companies are increasingly buying trade credit insurance to help protect them during the economic downturn, the Association of British Insurers has…

#insolvencies#risk#small businesses


Factoring is a crowded market. Not for Davenham

Last month Davenham Trade Finance announced the launch of a factoring unit aiming to lead the way on turnaround times…

#bank#factoring industry#funding


RBSIF moves to flagship North Wales offices

The Royal Bank of Scotland is relocating employees from several parts of the business into the new premises at Bryn…

#bank#international#invoice


SME owners disillusioned with bank managers

A survey conducted by Close Invoice Finance has revealed that SME owners are distinctly unimpressed with the service they get…

#bank#invoice#small business


Platinum Funding Group Announces UK Operations

Platinum Funding Group has announced the opening of Platinum Funding UK Limited in Basingstoke, England. (more…)


Swiss Commercial Capital licenses Surecomp's allFAC

Surecomp, one of the leading providers of receivables management and trade finance solutions for the global financial services community, announced…


Azeri Factoring & Lizing ordinary share issue passes registration

The State Committee for Securities has announced that Azeri Factoring Lizing s ordinary share issue has passed registration. (more…)


HSBC launches full asset-based lending proposition in the UK

HSBC Commercial Bank today announced the launch of a specialist asset-based lending proposition and the creation of a dedicated lending…


SMEs feeling the effect of economic downturn

Findings from a survey conducted by Venture Finance have provide evidence that UK SMEs are starting to feel the effects of…

#funding#invoice#security


Research shows small firms struggled to access finance before...

Small businesses struggled to access finance in the months before the credit crunch began to bite, according to a survey…

Lloyds TSB CF agrees GBP20m ABL facility

Nasmyth Group Plc has agreed a GBP20m asset-based lending (ABL) facility with Lloyds TSB Commercial Finance. (more…)

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