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Europe

Lloyds to shut invoice factoring service by end-2025

The Financial Times (FT) reported that Lloyds Banking Group is preparing to close its invoice factoring service for small and medium-sized businesses before the end of 2025, citing people familiar with the plans. Lloyds declined to comment when approached by...

#factoring

WFY’25: A mixed year for UK invoice finance and...

Alex Waterman, Principal, Invoice Finance and Asset-Based Lending; Commercial Finance, UK Finance, share insights on the UK factoring market in…

#factoring


Factoring in the digital age: A strategic partner for...

Vítor Graça (pictured), Editorial Board Member of BCR News and Secretary General of ALF, offers expert insights into digitalisation and…

#factoring


YouLend on the major changes coming to SME finance...

Luke Trayfoot, Global Head of Strategic Partnerships at YouLend, provided insights into the expected developments in SME finance, outlining the…

#sme finance


Emerging Europe’s banking sector shows strength despite credit risk...

Asset quality across emerging Europe has remained robust, with non-performing loan (NPL) levels in central, eastern and south-eastern Europe (CESEE)…

#non-performing loans


Barrington Exchange introduces invoice financing to support Scottish SMEs

Barrington Exchange, the Glasgow-headquartered foreign exchange management and financial services firm, has expanded its offering with the launch of an…

#invoice finance


UniCredit joins Generalfinance trade receivables securitisation programme

Generalfinance – a supervised financial intermediary listed on Euronext Milan - STAR segment, managed by Borsa Italiana – announces the…

#securitisation


Intesa Sanpaolo endorses the ICC principles for sustainable trade...

The International Chamber of Commerce (ICC), together with over 100 banks, corporations and multilateral institutions, has developed the first shared operational framework…

#trade finance


Finacity facilitates US$550m receivables securitisation renewal for Hapag-Lloyd

Finacity Corporation (Finacity), a White Oak Global Advisors company, announces today that it has successfully renewed and extended an existing…

#receivables securitisation


Flexible working still the norm as 73% of UK...

Nearly three-quarters of UK businesses continue to provide flexible working arrangements, including three days in the office and two days…

#businesses


Haulier’s collapse linked to overdrawn invoice discounting facility

The failure of Herefordshire-based WSH Logistics followed the discovery of substantial inaccuracies in its sales ledger, which in turn caused…

#invoice discounting


White & Case advises LPP on PLN 13.5bn loan...

White & Case LLP has advised LPP S.A. on an approximately PLN 13.5bn (around €3.2bn) loan and payables financing provided…

#Payables finance

Ultimate Finance has provided a £2m structured finance package

Ultimate Finance has provided a £2m structured finance package to support a 75% management buy-in at a timber and builders’…

#invoice finance

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