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Absolute to begin recruitment drive

Following their recent re-launch Absolute Invoice Finance, formerly Cattles Invoice Finance, have announced they will begin a huge recruitment drive in the near future. Doug Crawford, CEO of Absolute Invoice Finance, has expressed that the company is eager to move...

#bank#invoice#management

SME finance still lacking, claims ECB survey

Results released by the European Central Bank (ECB) yesterday followed the recent trend of trade finance surveys in revealing that…


The EBRD – Europe’s knight in shining armour

This month Factorscan met with members of the European Bank for Reconstruction and Development s (EBRD) Trade Facilitation Programme at…

#bank#emerging markets#forum


MIGA issues record number of guarantees to developing world

The Multilateral Investment Guarantee Agency (MIGA) announced issuance of $1.4 billion in guarantees to projects in developing countries last year,…

#bank#guarantees#international


July net lending lowest on record according to Bank...

The Bank of England’s “Trends in Lending” September 2009 report, released on Friday, revealed that net lending fell to its…

#bank#Bank of England#invoice


Kbank to take over Kasikorn’s SME factoring service

Kasikorn Factoring Co. Ltd are to hand over their SME factoring service to parent bank Kasikornbank (Kbank) next year, the…

#bank#economy#leasing


Bibby chief urges larger firms to take up invoice...

 Edward Rimmer, Chief Executive of Bibby Financial Services, has spoken out against larger firms failure to sign up to the…

#financial services#invoice#late payment


GMAC to quit UK market, reports The Independent

The Independent reported on Sunday that GMAC Commercial Finance are to withdraw from the UK market. According to the Independent article, the…

#bank#commercial finance#credit risk


NACFB survey finds invoice finance availability up 20%

Availability of invoice finance is up by more than 20 percent since last year, a survey by the National Association…

#cash-flow#commercial finance#funding


Wells Fargo launch complete supply chain finance solution

Wachovia, a Wells Fargo subsidiary, last week introduced its first complete end-to-end supply chain finance solution, which will provide both…

#bank#receivables#supply chain finance


HSBC increase Hong Kong SME fund

HSBC yesterday announced a further increase of $4 billion to its loan for small and medium sized enterprises (SMEs) in…


Leading economist warns of 'W' recession.

Respected economist William White joined those warning of a double-dip recession at the Sibos conference in Hong Kong yesterday. White,…

#bank#Boost#conference

More trouble for CIT as they file to foreclose...

CIT Group PLC are seeking to foreclose on a $12 million loan made to New York based property developer 654…

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