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Europe

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 across sectors in the context of Russia's invasion of Ukraine. The amendments were approved under the Temporary Crisis Framework. On...

#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


Italy’s recourse factoring market boosted by EU-approved loan guarantee...

Italy’s recourse factoring sector is set to benefit from a new loan guarantee scheme (LGS) that has been approved by…

#recourse factoring#supply chain finance


Marion King joins Bibby from Natwest

SME funder Bibby Financial Services (BFS) has appointed the former director of payments at NatWest Marion King as board member…

#Corporate appointments#NatWest


Allica Bank hires former HSBC director to manage working...

Fintech challenger bank Allica Bank has appointed Ian Flaxman to the newly created role of head of growth finance.With 30…

#Allica Bank#Corporate appointments#working capital

Banks in the Eurozone need to develop strategies for...

Luiza Buserska, Corporate Communications Executive at CODIX explains why it is increasingly clear that financial institutions need to urgently augment…

#CODIX#digitisation#ESG

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