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HSBC Middle East signs UAE Memorandum of Understanding

HSBC Middle East has signed an agreement with the United Arab Emirates Ministry of Economy to provide financial support to the region s SMEs, a move which could promote factoring in the region. (more…)

#Boost#international#smes

Survey finds SMEs optimistic about trading prospects

New data from the Continental Research Business Omnibus has shown that Britain s SMEs are continuing to regain confidence in…


UK economy is premier concern for SMEs in 2010,...

The latest research from Close Invoice Finance has revealed UK SMEs number one New Year s wish is for a…

#business finance#insolvency#invoice


EIB funding to Spanish SMEs up 55% on 2008

In 2009, the European Investment Bank (EIB) increased its funding to Spanish SME and municipality projects by 55% year-on-year, providing…


Huge rise in corporate fraud, according to BDO report

Reported fraud in the UK rose dramatically last year, breaking the 2 billion barrier for the first time (more…)

#frauds#insolvency#management


IBM Global Financing to offer factoring in China

IBM Global Financing has announced it is to offer factoring in the Tianjin region of China, beginning with a deal…

#bank#IBM#payment terms


Bibby announce market share increase

Bibby Financial Services have reported anincrease in market share of (more…)

#asset based finance#bank#financial services


Raiffeisen: another factoring ‘big brother’

Simon Peterman, Manager Factoring, Corporate Banking and Product Management at Raiffeisen Factoring in Austria talks to Factorscan about the development…


Coface receive capital injection

The board of directors of Natixis, a Coface shareholder, have increased the capital of Coface by (more…)


Russian Association of Factoring Companies releases survey results

Russia's factoring market experienced a 36 percent increase in turnover during the first three quarters of 2009 compared to half…

#banks#factoring industry


GMAC sells UK factoring portfolio

The invoice financing loan book of GMAC Commercial Finance Ltd (UK) has been acquired by Close Brothers Group Plc. (more…)


CEO appointed for factoring joint venture

FactorRus, a factoring joint-venture of Transcapitalbank, Moscow, FIMBank , Malta, and International Finance Corporation (IFC - a member of the…

SMEs wishing for a better economy

Latest research among UK owner managers from Close Invoice Finance indicates that UK SMEs number one New Year's wish is…

#business finance#insolvency#invoice

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