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Europe

Coface ratings affirmed AA+, stable outlook

Fitch Ratings announced it has affirmed the insurer financial strength of the major insurance entities of the Coface group at AA+. (more…)

#acquisition#bank#management

HUF 200bn in EU funding for Hungarian SMEs

Minister of Economy and Transportation Janos Koka said that Hungary will have access to HUF 1,500bn (EUR 5.92bn) in EU…

#funding#GDP#liquidity


10 free credit limits offer marks IGF's 10th anniversary

IGF, a UK independent commercial finance company, have announced that businesses which sign up to its Bad Debt Protection service,…

#commercial finance#IGF#insolvency


Hilton-Baird cuts a deal for eco-friendly paper charity

To accommodate future growth, Hilton-Baird helped Apsley Paper Trail secure an undisclosed invoice discounting facility from Close Invoice Finance. (more…)


Euler Hermes UK PMI Exporters’ Index

Latest data signalled the continued growth of UK export markets in May, as global economic conditions remained favourable, according to…


Polish factoring firm GF Premium drops 4.3% on Warsaw...

Allotment certificates for shares in the Polish factoring company GF Premium dropped 4.3% to PLN 26.8 on its Warsaw Stock…

#acquisition#Two


Bank of Ireland appoints a new head of...

Bank of Ireland has announced the appointment of Adrian Sainsbury as head of global specialised finance. (more…)


Davenham opens in Glasgow

Asset-based lender Davenham Group plc is continuing its national expansion with the opening of a new office in Scotland, situated…


Payment delays undermining cashflow growth in distribution sector

Payment delays were also seen as the principal factor likely to undermine growth of cash flow over the next twelve…

#Allianz#cash-flow#economy


Robin Goddard joins IGF as new head of sales

IGF, a UK independent commercial finance company has announced that Robin Goddard, formerly of Bibby Factors, has been appointed as…

#commercial finance#financial services#IGF


Eurokommerz Factoring Company holds 22% of the market

Eurokommerz is Russia's leading factor by volume of transferred receivables, taking around 22% of the market according to 2006's ranking.…


Bulgarian factoring market to grow 40% annually

The factoring market in Central and Eastern Europe is growing 20% to 40% per year. (more…)

#Unicredit#Unicredit Factoring

Dresdner Factoring reorganization complete

The factoring company, which specializes in SME finance said expected cost reductions will be effective as of May 2007. (more…)

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