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Europe

Lloyds Bank adopts first ever digital promissory note

Lloyds Bank has completed the UK’s first transaction utilising a digital promissory note (DPN) purchase. This landmark transaction dramatically increases speed of payment and paves the way for a significant increase in the use of promissory notes for a broad...

#Andre Casterman#digitalisation#Enigio

Coca-Cola and Rabobank partner to launch sustainable supply chain...

Coca-Cola Europacific Partners (CCEP) has worked alongside specialist food and agricultural bank Rabobank to establish a new sustainability-linked supply chain…

#ESG#Rabobank#supply chain finance


Accelerated Payments appoints Dermot Nutley as COO

SME funding provider Accelerated Payments has announced another strategic appointment with Dermot Nutley stepping into the role of Chief Operating…

#Accelerated Payments#Corporate appointments


Higher industrial output helps drive 33% increase in Polish...

In the first six months of 2022 the Polish factoring market grew 33 per cent year-on-year according to the Polish…

#poland#Polish Factors Association


European Commission quadruples Polish Scheme budget for state factoring...

The European Commission has approved modifications, including a budget increase of €5.1bn to an existing Polish scheme to support companies…

#European Commission


First five lenders to join new Recovery Loan Scheme

The British Business Bank has announced it accredited a first batch of five lenders under the new iteration of the…

#NatWest#Recovery Loan Scheme#RLS


Sonovate and Demica partnership signals huge growth in flexible...

The current economic climate is leading to a surge in demand for flexible lending, which is highlighted by the recently…

#securitisation#Sonovate#supply chain finance


Payment terms and financial supervision: Are EBA policies too...

Vitor Graca, Secretary General, Portuguese Association of Leasing, Factoring and Renting (ALF) shares his views on the challenges of adoption…

#ALF#European Commission#payment terms


Capify launches £40m SME fund

Capify UK, the specialist SME lender, has this month launched a £40m fund for UK smaller businesses to help manage…

#Capify#inflation


Bank of England 0.5% interest rate rise: another blow...

Placing further financial strain on businesses will cause widespread damage to the UK economy, warns Time Finance, as the Bank…

#Ed Rimmer#inflation#interest rate


Rising inflation is biggest challenge facing UK SMEs as...

High inflation is the number one biggest challenge facing small and medium sized businesses (SMEs) in the next 12 months…

#Douglas Grant#inflation#interest rates


Lloyds Bank signs 5-year agreement with invoice finance platform...

Lloyds Bank has signed a five-year commercial agreement with Satago (majority owned by TruFin) to use Satago’s software platform for…

#Lloyds Bank

Santander UK provides multi-million invoice finance facility to Lucart...

Santander UK has provided a multi-million-pound funding package to Malvern-based Lucart Hygiene to support its growth in the ‘away from…

#bank#Flexible Funding#invoice

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