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Financing costs to rise as BoE hikes rates by...

The Bank of England has raised UK interest rates from 5.5% to 5.75%, which is the fifth interest rate increase since last August. (more…)

#bank#Bank of England#inflation

Compound Profit launched to provide SME cash flow finance

Compound Profit, a McKinney, TX-based international business funding and advisory corporation, has opened its doors to SME owners looking for…

#alternative financing#financial services#international


RBS Commercial Banking, Lombard and Invoice Finance join in...

Southport businessman Nick Taylor has sold the haulage business he founded 14 years ago to his management team in an…

#bank#funding#Hill Dickinson


Atradius N.V. announces appointment of chairman and CEO

Atradius has announced that its Supervisory Board has confirmed the appointment of Isidoro Unda as chairman of the Management Board…

#Atradius#insolvency#management


Pooled payables securitisation and supply chain finance

Barry Wood, Senior Vice President, Demica talks about the arrival of pooled securitisations in supply chain financing solutions. (more…)


CGC joins Dun & Bradstreet to form Kuala Lumpur’s...

Credit Guarantee Corp Bhd (CGC) has teamed up with Dun Bradstreet Malaysia Sdn Bhd to jointly operate Malaysia's first credit bureau…


EIB to grant CIB EUR50m loan to finance SME's...

Central-European International Bank Ltd (CIB), has announced that the European Investment Bank (EIB) will grant it a EUR 50 million…


Bibby Financial Services made a shrewd factoring move

Bibby Financial Services (BFS) now operating in 10 countries and employing about 750 people was only created as a by-product…

#bank#financial services#invoice


Experian expands its sales team with senior appointments

Experian, the global information solutions company, has made a series of new appointments to expand its Business Information sales team…

#Commercial Credit#Equifax#innovation


Coface unit to launch factoring operation in Argentina in...

Coface unit to launch a factoring operation in Argentina in early 2008 The Argentine unit of French insurer Coface is…

#export credit insurance#insurance#international


SocGen's Romanian unit H1 factoring operations value up 157%

The Romanian Development Bank (BRD) performed factoring operations worth 700 million Romanian lei ($305 million/224 milion euro) in the first…

#assignment#bank#management


Grenke Group new business up by 9.7 %

In the first half of 2007, the Grenke Group (incl. franchise partners) generated new business (the sum total of acquisition costs…

Unrated SMEs to pay more for loans with implementation...

The cost of borrowing from banks in India may go up for small and medium enterprises without a credit rating.…

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