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Europe

WFY’24: ‘Factoring has been gaining ground in Portugal’

The Portuguese economy entered 2023 with its best performance in over 25 years, with GDP 6.7 per cent higher than at the start of 2022 when the growth rate was 5.5 per cent. Vitor Grasa (pictured), Secretary General of ASSOCIAÇÃO...

#ALF#ASSOCIAÇÃO PORTUGUESA DE LEASING FACTORING E RENTING#factoring

Polestar renews €480m green trade finance facility

Polestar advises that it has secured a 12-month term facility of up to US$450m and has renewed the €480m green…

#green finance#Polestar#trade finance


WOE and WOCF close an ABL facility of up...

White Oak Commercial Finance (WOCF) and White Oak Europe (WOE), affiliates of White Oak Global Advisors (White Oak), have announced…

#Tom Otte#Wells fargo#White Oak Commercial Finance


365 finance signs £150m Pollen Street facility

365 Finance, a provider of revenue-based finance to UK and Irish SMEs, has secured a £150m debt raise with Pollen…

#365 finance#Adam Brown#Michael Katramados


Finventory rebrands as Finterface

Dutch fintech Finventory has rebranded as Finterface. Founded in 2016, the company mission was to transform asset-based lending. Since then,…

#asset based lending#finventory#Fointerface


Poor quality performance data hindering UK SME sale and...

Economic challenges have prompted an increase in the number of UK SMEs considering a sale of their business in 2025,…

#K3 Advantage#lack of data#sme finance


United Arab Bank partners with Qualco to digitise SCF...

SPONSORED ARTICLE Qualco has announced a strategic partnership with United Arab Bank, one of the longstanding home-grown banks in the…

#Qualco#supply chain finance#United Arab Bank


Capital on Tap secures £750m in landmark funding

Capital on Tap, a fintech business credit card provider, has secured two major funding facilities totalling £750m to fuel its…

#BNP Paribas#Citi#fintech


WFY’24: Swiss Factoring Association reports solid revenue growth in...

The members of the Swiss Factoring Association were able to achieve solid revenue growth in the year 2023, which was…

#ABC Factoring AG#factoring#Marc Meier


iwoca: Cutting taxes is key to SME growth, say...

More than a third (38 per cent) of finance brokers say lower taxes are needed to boost SME growth this…

#Colin Goldstein#iwoca#SME


ECB expands initiative to settle DLT-based transactions in central...

The Governing Council of the European Central Bank (ECB) decided to expand its initiative to settle transactions recorded on distributed…

#central bank money#distributed ledger technology#DLT


BCR Webcast: Wayne Mills & Anthony Persse on SME...

"When we consider data, tech and Ai we are now only limited by our imagination” Anthony Persse, CEO of Optimum…

#ABL#AI#embedded finance

British Business Bank increases ENABLE Guarantee with Oxbury Bank...

The British Business Bank has agreed a further £100m increase to its existing ENABLE Guarantee transaction with leading fintech Oxbury…

#British Business Bank#ENABLE#fintech

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