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Lloyds TSB provides debt, asset-based refinancing package

One of the UK's biggest independent outsourcing companies for facilities and property management with a major base in Merseyside has undergone a multi-million refinancing funded by a package of debt and asset-based lending facilities (more…)

#commercial finance#corporate finance#investment

Davenham TF in land finance initiative

The land and property finance arm of Davenham Trade Finance has launched a funding solution aimed (more…)

#3M#funding#security


Informal financing business to be regulated by BDDK

The Banking Regulation and Supervision Authority (BDDK) has announced it would take action against informal business at leasing, factoring, and…

#Bill#economy#leasing


Coface assesses business sector risks update

While globally, business risk ratings in various segments of the world economy stabilized in the first quarter of this year,…


OTP Factoring announces changes to management team

OTP Faktoring Slovensko, a.s. has made personnel changes in the management team (more…)


Non-bank financial business profits increase in Q1

Hungary's non-bank financial businesses, such as leasing and factoring companies, had combined pre-tax profit of  (more…)

#bank#banks#interest


Besc focuses on SME lending to double profits in...

Government-controlled bank Besc, from the southern Brazil state of Santa Catarina, will continue to focus on lending to small- and…

#bank#receivables#SME lending


RBS Invoice Finance tailors finance solution for Cold Storage...

The Royal Bank of Scotland (RBS) has helped oversee a 3.3 million deal on Chiltern Cold Storage Ltd s lease,…


Death of cash would signal the end for almost...

Almost one in three small and midsized enterprises (32 per cent) in the UK, equivalent to around 300,000 businesses, could…


Citibank announces raft of trade finance, cash flow products

Citibank is introducing a range of financial services for small and midsize enterprises (SME) in India (more…)

#bank#exports#financial services


Sarbanes-Oxley ups the stakes on credit accuracy – Atradius

Corporate officers certifying the accuracy of financial data to comply with Sarbanes-Oxley increasingly require subcertifications from employees providing the underlying…

#Atradius#receivables#trade


Pulling the cork on cash flow

Nedbank Business Banking's agricultural division manager in the Western Cape, Rico Basson, says export factoring is a growing part of…

#bank#exporters#invoice

SMEs stand to be hit the hardest by the...

Few companies in the UK are unaffected by falls in the US dollar but the speed and ferocity of the…

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