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Europe

Five Arrows funding saves historic Yorkshire clothing group

An historic Yorkshire clothing business than can trace its roots back 170 years, has been saved from closure following a multi-million pound funding deal from Five Arrows (more…)

#banks#commercial finance#funding

SMEs Knowledge gap holding UK financiers back

Finance professionals are struggling to penetrate the UK small- and medium-sized enterprise (SME) sector due to a lack of understanding…


Quorum appoints top Nordea exec to Board

With experience as a member of the Executive Committee of Factors Chain International (FCI) and, more recently, as the Factoring…


City Invoice Finance funding helps firm to expand

North Wales coffee machine supplier The Coffee Bean plans to move into new markets and extend its product range following a…


Polmetal sells shares in Eurofaktor

Polish metals firm ZM Polmetal sold 59,700 shares in Eurofaktor, a factoring firm, cutting its interest from (more…)


EBRD extends first long maturity syndicated loan to a...

The European Bank for Reconstruction and Development (EBRD) is providing a US$42 m loan to Ukraine s Kreditprombank. It will…

#bank#banks#funding


SZRB to increase loans to small enterprise

Slovak Guarantee and Development Bank wants to provide a larger number of loans with a smaller total amount (more…)

#bank#guarantee#interest


Jiri Matula takes up new appointment

Jirí Matula, formerly chairman of the board of one of the biggest factoring companies in the Czech market, Transfinance, has…

#leasing#trade#Two


Transfinance announces new chairwoman

Factoring company Transfinance has named chairwoman of the board of directors (more…)

#i#import factoring#international


Worsening economic outlook knocks SME confidence

Sentiment among Hungarian small- and medium-sized enterprise managers deteriorated in Q3 2006, because of a worsening assessment of the country's…


Experian extends its presence with acquisition of Krediidiinfo

Experian, the global information solutions company, has signed an agreement to acquire Krediidiinfo A/S in Estonia from its management. Krediidiinfo…

#acquisition#banks#Commercial Credit


British Bankers Association reports on bank support for small...

The BBA's monitoring of the main banks servicing the SME market provides the following picture of support for small businesses in…

#bank#management#small business

GE Commercial Finance buys 2 German leasing firms

GE Commercial Finance, part of US diversified conglomerate General Electric Co, said it is buying German leasing firms (more…)

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