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As the money market continues to tighten, UK businesses are increasingly turning to their assets to release cashflow to fund business activity and growth. (more…)
#asset based finance#crisis#funding
Factoring Ceské sporitelny reported a turnover from the assigned receivables and other supplementary products of CZK3,1bn. (more…)
The Romanian factoring market is expected to maintain a growth pace of around 40% in the coming years. (more…)
Businesses in the Peterborough area could benefit from the expansion of the Corporate Markets team at Lloyds TSB. (more…)
#bank#interest rates#international
The number one financial challenge facing British SMEs is getting paid by their customers according to new research. (more…)
Coface, has strengthened its presence in the Republic of Ireland. (more…)
Sentiment for Hungarian SMEs improved a fraction in October compared to September. (more…)
#economy#inflation#smes
Pivdenny Bank has received a syndicated loan for US$30m at LIBOR+2.4% annually. (more…)
#bank#banks#LIBOR
With the global banking sector reeling from the credit crisis, lenders are predicted to lend less money to each other.…
#Atradius#interest rates#late payment
US network equipment maker Cisco Systems and venture capital company 3TS Capital Partners are setting up a 30m venture capital…
#investments#smes#Two
In the first six months of activity, the insurer of French group Coface obtained 600,000 from commercial credit insurance activities.…
Invoice Finance and Asset Based Lender Venture Finance, have announced the appointment of Owen Bradbrook. (more…)
#business finance#commercial finance#commercial lending
In order to maintain price stability, the Government has set the Bank's Monetary Policy Committee (MPC) a target for the…