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Europe

Firms bypass banks in search for loans

Factors, invoice discounters and asset-based lending specialists all report an increase in inquiries from firms seeking alternative sources of cash to the banks. (more…)

KPMG increases London ABL transaction support team

KPMG, the global network of professional services firms, has appointed Ed Birch to its ABL Transaction Support team in London.…


Training firm growth on track with Lloyds TSB ABL...

A recently launched training company is on track to hit sales of 2m in its first year after receiving funding from the asset-based…

#Carillion#commercial finance#management


Bibby Financial Services Group acquire Arbuthnot Commercial Finance

Independent factoring company Arbuthnot Commercial Finance has been acquired by Bibby Financial Services group for an undisclosed sum. (more…)

#acquisition#commercial finance#financial services


Czarnecki to launch innovative mobile bank focused on SMEs

Leszek Czarnecki intends to launch a new bank in October which will be called Introbank and will focus on SMEs.…


Dresdner Factoring AG announces success in H1 2008

Dresdner Factoring AG annouced today that the company has reached its goal for H1 2008. (more…)

#receivables


Agreement between EGAP and CEB facilitates access of SMEs...

Export Guarantee and Insurance Corporation (EGAP) have signed an agreement with the Czech Export Bank (CEB) on co-operation in insurance…

#bank#exports#guarantees


Factoring Ceskй sporitelny confirm market leadership in 1H 2008

Net factoring volume of Factoring Ceské sporitelny rose year-on-year by 28 per cent to Czk16bn (EUR670m). (more…)


EBRD intensifies support for Bulgarian SMEs

The European Bank for Reconstruction and Development (EBRD) is providing a EUR25m credit line to Postbank for on-lending to Bulgarian…


CMRC Business Credit Index shows surge in CCJs

According to the latest Business Credit Index there has been a 500% rise in county court judgments over the past…


Forbis Company announces FORPOST*Factoring 2.0

Due to significant growth of factoring market and steady development of factoring services, the specialists of the Forbis Company will…

#banking services#factoring contract#interest


VUB Factoring announces success in H1 2008

VUB Factoring announces 31 percent increase in volume of refinanced receivables. (more…)

#leadership#receivables

Retail sector defies the downturn with 30% drop in...

Deloitte, the business advisory firm, has announced its analysis of the retail administration figures for the second quarter of 2008.…

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