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Europe

Manufacturers more pessimistic in wake of credit squeeze

Manufacturers have become more pessimistic about the business environment in the wake of the credit crunch. (more…)

#Access to Finance#exporters#interest rates

Fortis may outsource factoring to Cap Gemini Poland

Fortis will outsource the processing of incoming bills from suppliers to Cap Gemini in Poland, according to the daily De Standaard.…


State Securities completes asset deal

State Securities has completed its largest ever asset finance transaction at STG4.8m. (more…)

#cash-flow#funding#Two


Cash Flow Partners transfer clients to Bibby

Cash Flow Partners are ensuring that their customers are able to continue to trade, with the transfer of the client base to Bibby.  …


Coface appoints a new general director

Tomas Jurik is the new general director of Coface.  (more…)

#acquisition#international#management


RON100m from budget added to SME sector

The budget of the Ministry for SMEs, Trade, Tourism and Liberal Professions has been increased by 31% for 2008. (more…)

#bank#banks#investment


Support of EUR1.65m for 11 SMEs

Board of Directors of the Development Fund adopted the decision on credit support for 11 SMEs worth EUR1.65m. (more…)


EIB lends EUR40m for SME projects and towns

The European Investment Bank is lending EUR40m to Hrvatska Banka za Obnovu I Razvitak  to finance indirectly the smaller projects of SMEs…

#bank#banks#i


Dijbeszedo to offer factoring services

Dijbeszedo Holding is expanding beyond the utility sector and is targeting a 50% revenue increase in five years.  (more…)


Merchant Financial hires ABL BDO

Merchant Financial Corporation has hired John Canfora as vice president/business development officer. (more…)


Coface appoints new managing director, UK and Ireland

Coface has announced appointment of Xavier Denecker as managing director of its UK and Ireland businesses. (more…)


Nikoil Bank has launched new SME crediting programs

Nikoil Bank has launched a new Development and Growth program for SMEs.  (more…)

FDs at risk from traditional attitudes to finance

A recent survey carried out by Venture Structured Finance highlights an over reliance on bank funding. (more…)

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