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Funding Circle and Atom bank agree new lending partnership

Funding Circle, the UK’s leading SME lending platform, and Atom bank, the UK’s first app-based bank, have announced a new lending partnership to provide up to c.£150m of funding to small businesses.Atom bank is a long-standing and returning investor in...

#Lisa Jacobs

S&T Bank names new Managing Director of ABL business

S&T Bank has announced that they have a hired Eric Huff as a new managing director of asset-based lending. Huff’s main…

#bank#Bank of America#financial services


UK Export Finance unveils extra support for SME exporters

UK Export Finance (UKEF) announces today at its annual conference that it is introducing more flexible, fast-track financing for small…

#export finance#Tim Reid#UK Export Finance


Nigerian startup FrontEdge raises US$10m to expand its operations

Nigerian digital trade-finance platform, FrontEdge, has raised US$10m in debt and equity funding to support cross-border trade and expand its operations…

#emerging markets#exporters#smes


Comments from the industry specialists on UK Autumn Statement

Following the Autumn Statement, Jonathan Andrew, CEO of Bibby Financial Services, commented on why the permanent adoption of full expensing on…

#Cash flow#Ed Rimmer#Jonathan Andrew


UK SME financier TRIVER raises €22.9m new funding from...

To support UK small businesses access finance, the SME working capital provider TRIVER has raised €22.9m new funds from the…

#Triver


Atradius: Can Black Friday alone relieve ailing retail sector?

Hard-pressed retailers in Europe and the US need to find the right balance between sales and profits this holiday season,…

#credit risk#trade credit insurance


DP World Trade Finance joins UTC platform to combat...

DP World Trade Finance has partnered with UAE Trade Connect (UTC) to combat invoice fraud across the UAE and revolutionise…

#DP World Trade Finance#UAE Trade Connect


Coface records €189.7m income in the first 9 months

Coface releases its 9M-2023 financial results and records excellent income of €189.7m in the nine months amidst slowing inflation and…

#trade credit insurance


AI not ready for the insurance market says Nexus

At SCHUMANN Connect, Schumann’s London conference last week, it was said that underwriting in trade credit insurance is undergoing a…

#AI#Nexus#Robert Meters


Moroccan youth-led lending institutions receive a €100m investment from...

The European Bank for Reconstruction and Development (EBRD) announced that it is set to channel €100m in credit lines to…

#SME lending


Securitisation gets a boost at African financial conference

Securitisation as a financial tool for African economies was given a fillip last week at the African Financial Industry Summit…

#receivables securitisation#Sani Yaya

Skipton selects Dancerace to build on record year in...

UK lender Skipton Business Finance has chosen Dancerace ABL software to power its invoice finance services.The move comes after the lender…

#Dancerace#Elliot Avison

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