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UK Finance: Gross lending to SMEs up in 2024

UK Finance today releases its latest Business Finance Review which reports on the finance needs of small and medium-sized enterprises (SMEs) in the fourth quarter of 2024 and the year as a whole. Lending summary 2024 The year 2024 saw...

#David Raw#sme finance#UK Finance

WFY’24: ‘Factoring is Turkey’s second largest financial industry after...

The Turkish economy grew by 4.5 per cent in 2023, according to official figures. Filiz Ünal, Deputy Secretary General, Factoring,…

#factoring#Filiz Ünal#The Association of Financial Institutions


Vayana secures NBFC licence, eyes US$20m funding for expansion

Indian-based supply chain finance firm Vayana has secured a non-banking finance company (NBFC) licence from the Reserve Bank of India…

#NBFC licence#RBI#supply chain finance


Castlelake and Santander provides €125m ABL facility to GoByBike

Castlelake L.P. (Castlelake), a global alternative investment manager specialising in asset-based private credit, announced that it has provided a €125m…

#asset based finance#asset based lending#Castlelake


First Bank appoints Donna Calderaro as market executive for...

First Bank has announced the appointment of Donna Calderaro as the Market Executive for its Asset-Based Lending (ABL) division. In…

#ABL#asset based lending#Donna Calderaro


C2 Blockchain and CoinEdge partner to launch crypto lending...

C2 Blockchain, Inc. a leader in blockchain innovation, has partnered with CoinEdge, a cryptocurrency financial services provider, to launch a…

#asset based lending#bitcoin#C2 Blockchain


M1xchange simplifies corporate onboarding with DIY digital registration

M1xchange, India's leading RBI-licensed TReDS platform, has seen a 150 per cent surge in corporate onboarding, driven by the government…

#DIY Digital Buyer Onboarding#invoice finance#KYC


Mastercard partners with CredibleX to enable SMEs to access...

Mastercard announced its collaboration with CredibleX to integrate its Small Business Credit Analytics (SBCA) platform into CredibleX’s integrated financing offering.…

#CredibleX#Hassan Reda#Mastercard


UK SME access to finance call for evidence

Commenting on the Government’s publication of a call for evidence on SME access to finance, Emma Lovell (pictured), Lending Standards…

#Emma Lovell#financial services#Lending Standards Board


SLR Business Credit provides US$15m ABL facility logistic firm

SLR Business Credit announces the funding of a US$15m asset-based lending (ABL) revolving line to a transportation and logistics company.…

#ABL#asset based lending#SRL Business Credit


Metro Bank strengthens commercial lending in North-West

Metro Bank has appointed Paul Gaynor and Louise Molloy as Commercial Lending Directors within the North-West region. Paul Gaynor has…

#Metro Bank


Manx Financial comments on UK Government support for SME

Commenting on support for SMEs with access to defence contracts but adaptable lending strategies should be priority, Douglas Grant, Group…

#defence contracts#Douglas Grant#Manx Financial

BBVA Spark supports MytripleA with a €30m financing agreement

BBVA Spark signed a €30m financing agreement with MytripleA, the alternative financing platform with working capital solutions for businesses. The…

#BBVA#EBITDA#MytripleA

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