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Europe

GE Commercial Finance launches new ABL unit, underlines alternative...

GE Commercial Finance's Business Finance (GECF BF) division is launching a dedicated asset-based lending (ABL) unit targeting (more…)

UK 2006-07: Modest growth for the world's biggest market

The UK invoice finance market continued to grow in terms of turnover, advances and client numbers last year (more…)

#bank#Bank of England#interest rates


Small businesses can stimulate growth by acting bigger –...

Small businesses are the foundation of the UK economy. Of the estimated 4.3 million companies in this country, over 99…


Italease to buy stake in Fondiaria-SAI banking unit –...

Banca Italease is in advanced talks to buy a stake in (more…)

#insurance#leasing


Company insolvency problem increasing

The number of insolvent companies in Hungary tripled year-on-year in 2006 (more…)

#credit risk#insolvency#insurance


Austria 2006-07: Will the law on ban of assignment...

The rate of growth in the Austrian factoring market has slowed and the driving forces behind this are not solely economic.…


Marks & Spencer supplier secures Ј13.25m working capital, L/C,...

A key supplier to retail group Marks & Spencer, in addition to brands such as French Connection and Phase 8,…

#commercial finance#L/C#Letters of Credit


Leading asset-based finance specialist joins DLA Piper team

DLA Piper has strengthened its London finance and projects practice with the appointment of partner who specialises in asset-based lending and…

#bank#international#receivables


Cattles Invoice Finance funds distribution acquisition

Using funding provided by Batley-based Cattles Invoice Finance, which included a bridging loan to enable the transaction to complete within…


Czech Republic 2006-07: Flux and consolidation continues in factoring...

Tomas Moravek, Chairman of the Board and General Manager O.B Heller, takes a look at the trials and tribulations of the Czech…

#bank#commercial finance#interest rates


Export factoring remains target for Factoring Ceske Sporitelny

Factoring Ceske sporitelny, which belongs to the Austrian Erste Bank Group, maintained pole position in the Czech factoring market leader…

#bank#exporters#insurance


SMEs battle with New Year payment hangover – Cattles

Three in five SMEs in the UK are struggling with a new year payment battle, following tough December trading and…

#insolvencies#insolvency#invoice

Banesto targets major hike in SME lending

Banco Espanol de Credito SA said it is targeting 22 per cent growth in lending to small and medium sized…

#bank#management#SME lending

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