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First Capital agrees $6.5m factoring deal with Euro Style...

Florida-based commercial finance specialists, First Capital, has provided a US$6.5 million asset-based credit facility to Euro Style International, Inc., a distributor of fashion apparel. (more…)

#commercial finance#i#international

Banks fall Ј900m short of SME lending target

Major banks missed the third quarter target for lending to small businesses set by the Bank of England under Project…


Experian: UK SMEs expecting 2012 growth

Seventy per cent of UK SMEs are expecting sales growth in 2012, according to a recent poll by Experian. (more…)


AEF release Q3 2011 results

The Spanish factoring association, AEF, has released figures for the first nine months of 2011. During the first nine months…

#AEF#confirming#international


Kingfisher seeks financial aid as debts mount

Struggling Indian airline Kingfisher has fallen into deeper financial crisis as it cancelled more flights this week and saw shares…


An in-depth look at the European Account Preservation Order

Joseph Kean, a member of the Dispute Resolution Team at Mundays Solicitors, provides an in-depth article explaining what the European…

#bank#data protection#regulation


Ally Commercial Finance closes facility with BarrierSafe Solutions

Ally Commercial Finance, as Documentation Agent, has closed on a US$27 million commitment in a US$175 million senior secured credit…

#acquisition#bank#commercial finance


Government opts out of European account preservation orders

The government has decided that the United Kingdom will not opt into the European Commission's proposed regulation to establish the…

#bank#European Commission#receivables


Ashley Commercial Finance launches 'retail' product

Invoice finance specialist Ashley Commercial Finance has introduced a cash advance product for hotels, retailers, restaurants, pubs and garages. (more…)


FCI welcomes four new members

The Factors Chain International (FCI) Executive Committee have granted FCI memberships to four more financial institutions. (more…)

#bank#Bank of China#Ecobank


Euler Hermes releases results for the first nine months...

Euler Hermes SA, the world's largest credit insurer, recorded a turnover of €1.7 billion in the first nine months of…

#crisis#insurance#investment


ECGD to become UK Export Finance

The Export Credit Guarantee Department (ECGD), which insures exporters against the risk of their overseas customers failing to pay, is…

#export finance#exporters#guarantee

Bank VTB to introduce international factoring in 2012

The Russian-owned Bank VTB (Armenia) has introduced a successful project for recourse factoring and is planning to introduce a non-recourse…

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