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Europe

Interim report on Small Firms Loan Guarantee

Teresa Graham of Baker Tilley has produced her interim report and response to submissions on the Small Firms Loan Guarantee scheme. In November 2003, the Chancellor and the Secretary of State for Trade and Industry commissioned a review of the...

Factoring grows despite better access to bank loans

Factoring as a form of financing is facing strong competition from bank loans. Despite this, it attracts more and more…


Abbey National sells asset finance unit

Abbey National Plc has agreed to sell asset finance and leasing businesses to a unit of ING Groep NV, as…


Local bank receives EUR30 million EIB loan for SME...

The European Investment Bank (EIB) has provided a Ђ30 million global loan to K&H Bank to finance small- and medium-sized…

#bank#banks#funding


Ernst & Young comments on the Enterprise Capital Funds

The UK government's Small Business Service (SBS) is not doing enough to help small businesses or the investors willing to…

#interest rates#regulation#risk


Bank plans to expand network and open factoring operation

HVB Bank Hungary will expand its network to 100 branches at a cost of HUF10bn (Ђ39.5m), CEO Matthias Kunsch announced…


Dynamic powers to first profit

Dynamic Commercial Finance plc, the factoring and invoice discounting company founded in 2000, has reported a pre-tax profit of Ј206,000…


Finance expert to lead new Enterprise Finance Europe regional...

Enterprise Finance Europe (EFE), one of the UK's leading asset-based lenders, has appointed one of the region's best-known corporate finance…

#bank#corporate finance#i


Fortis Lease increases market share through real estate leasing...

Fortis Lease has signed an agreement under which Fortis Lease will acquire 100% of DIL France S.A., in Paris, from…


Factoring bank issues convertible bond

Italian factoring bank Banca IFIS is to launch a convertible bond issue of up to Ђ50m. The issue price of…

#Banca IFIS#bank#Italian factoring


Citibank looks to SME sector

Citibank Handlowy is looking to tap into the lucrative small- and medium-sized enterprise (SME) market with a new product targeted…

#Access to Finance#acquisition#bank


Bibby Financial Services presents the benefits of an enlarged...

The small business sector is being urging to wake up, smell the coffee and get ready to take advantage of…

#financial services#risk#small business

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