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Training firm growth on track with Lloyds TSB ABL...

A recently launched training company is on track to hit sales of 2m in its first year after receiving funding from the asset-based lending arm of Lloyds TSB. (more…)

#Carillion#commercial finance#management

Euler Hermes hit by Economic Slowdown

Credit insurer Euler Hermes said its first-half net profit fell by nearly a half as the global economic slowdown led…


Liquid Capital provides factoring facility to communication systems installer

Liquid Capital have provided a US$75,000 factoring credit facility to a company that installs, repairs and maintains communication systems. (more…)

#cash-flow


Bibby Financial Services Group acquire Arbuthnot Commercial Finance

Independent factoring company Arbuthnot Commercial Finance has been acquired by Bibby Financial Services group for an undisclosed sum. (more…)

#acquisition#commercial finance#financial services


Newtek Business Services offers accounts receivable financing

Newtek Business Services, Inc. has launched a new product offering under Newtek Business Credit, providing accounts receivable financing to SMEs…

#Access Capital#receivables#smes


Czarnecki to launch innovative mobile bank focused on SMEs

Leszek Czarnecki intends to launch a new bank in October which will be called Introbank and will focus on SMEs.…


Dresdner Factoring AG announces success in H1 2008

Dresdner Factoring AG annouced today that the company has reached its goal for H1 2008. (more…)

#receivables


Agreement between EGAP and CEB facilitates access of SMEs...

Export Guarantee and Insurance Corporation (EGAP) have signed an agreement with the Czech Export Bank (CEB) on co-operation in insurance…

#bank#exports#guarantees


Factoring Ceskй sporitelny confirm market leadership in 1H 2008

Net factoring volume of Factoring Ceské sporitelny rose year-on-year by 28 per cent to Czk16bn (EUR670m). (more…)


28% increase in SME loans

Four years ago the share of loans taken by SME's was around 7 percent of all loans extended by Fortis Bank. 'The…


EBRD intensifies support for Bulgarian SMEs

The European Bank for Reconstruction and Development (EBRD) is providing a EUR25m credit line to Postbank for on-lending to Bulgarian…


Canada sponsors EBRD trade finance advisory services for banks...

The EBRD is this year facilitating trade finance consultancy services for banks in Russia and Ukraine that have recently joined…

CMRC Business Credit Index shows surge in CCJs

According to the latest Business Credit Index there has been a 500% rise in county court judgments over the past…

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