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Europe

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 late payment from customers (more…)

#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


Atradius appoints general manager for Slovakia

The new general manager of credit insurance company Atradius Credit Insurance N.V. in the Slovak Republic has been named as (more…)

#Atradius#insurance#receivables


Record hiring as growth picks up in financial services...

Financial services firms have recovered from a sharp summer dip to enjoy a quarter of strong growth in business volumes…


VUB Factoring expects 15 per cent growth in turnover

Financial services company VUB Factoring estimates the volume of receivables it refinanced to have increased by about (more…)

#financial services#receivables


Turnover of Factoring Tatra Banky reached Skk4.3bn last year

Financial services company Factoring Tatra Banky reached a turnover of Skk 4.3bn last year, up 47 percent year-on-year (more…)


Romania 2006-07: Acceleration and accession – the watchwords for...

Mihaela Dimitriu, Director Factoring Division, BRD - Groupe Societe Generale SA on the prospects for Romanian factoring activity this year…

#ABN AMRO#Allianz#bank


Davenham launches broker finance initiative

Davenham Trade Finance is providing a finance product for the broking industry, a sector typically struggling to obtain funding from traditional sources  …


Swedbank licenses IMEX V6.3

Surecomp has announced that Stockholm-headquartered Swedbank has licensed IMEX V6.3 on the mainframe platform. Swedbank will use IMEX to drive…


A quarter increase expected in the factoring industry

The factoring market in Slovakia is experiencing further growth. This year it could rise by more than a quarter. Companies…


Eurofaktor expands and plans more cooperation with banks

Eurofaktor is currently concluding talks concerning a new capital injection to aid its development. We want to carry out a…


One in three SMEs using ABL for cash flow...

Around 30 per cent of SMEs are leveraging funds against assets to maintain a healthy cash flow and release funds…

#cash-flow#funding#Investec

New CBI president predicts year of political change will...

The transition to a new Prime Minister and a reinvigorated Conservative party seeking to carve out new political ground will…

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