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Europe

Promatic International secures £1m backing to accelerate global expansion

Promatic International, a leading manufacturer of clay pigeon shooting equipment, has secured a £1m trade finance facility from HSBC UK to support rising export demand. The funding is backed by UK Export Finance (UKEF), the government’s export credit agency. Founded...

#trade finance

Georgia’s Parliament approves draft factoring law in first reading...

The Parliament of Georgia has approved, in its first reading, the draft law on factoring along with a companion legal package,…

#factoring


UBA to address Africa’s US$100bn trade finance gap

The Chief Executive Officer of United Bank for Africa UK, Loknath Mishra, has set out a strategic plan aimed at…

#trade finance


Debeo launches platform to help SMEs manage debt and...

Debeo, a new online alternative finance platform, has launched in the UK with the aim of helping small and medium-sized…

#sme finance


Arbuthnot Commercial ABL provides £15m growth capital to UK...

A Kent-based manufacturer and distributor of fixings, fasteners and building consumables has secured a £15m growth capital facility from Arbuthnot…

#asset based lending


EIB agreement mobilises €337m for French SMEs

The European Investment Bank (EIB) Group has entered into a €112m agreement with BNP Paribas aimed at supporting approximately €337m…

#sme finance


STB CF strengthens team with senior appointment

Secure Trust Bank Commercial Finance (STB CF), the asset-based lending (ABL) division of Secure Trust Bank, has appointed David Ward…

#asset based lending


Serrala acquires e-invoicing specialist Cevinio

Serrala, a global leader in finance process automation, has acquired Cevinio, an AI specialist in accounts payable (AP), accounts receivable…

#acquisition


ART Business Loans secures £7m backing to expand SME...

ART Business Loans has secured £7m in new funding from the British Business Bank to increase lending to smaller businesses…

#SME lending


Momenta Finance secures £125m facility to scale SME lending

Momenta Finance has significantly expanded its lending capacity after securing a £125m forward flow facility from a leading global investment…

#sme finance


Funding Circle unlocks £700m to meet growing SME credit...

Funding Circle Holdings plc has strengthened its long-standing partnership with Waterfall Asset Management through a new £700m agreement, marking another…

#sme finance


Ireland confirms phase one rollout of mandatory e-invoicing

Ireland’s tax authority (Revenue) has confirmed which businesses will be included in phase one of the country’s VAT modernisation programme,…

#e-invoicing

Skipton Business Finance appoints Kim Hughes as Head of...

Skipton Business Finance (SBF) has announced the appointment of Kim Hughes as its new Head of Asset-Based Lending (ABL), further…

#asset based lending

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