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RBS agrees GBP35m funding package with Gardner Aerospace

A UK-based manufacturer, with clients such as Airbus, Rolls-Royce and GKN, has secured a Ј35m funding package with the Royal Bank of Scotland (RBS) to support its UK-wide expansion (more…)

#bank#funding#investment

Crackdown hits peer-to-peer lenders

Rising pressure from the Chinese government crackdown on using borrowed money to trade stocks is driving lenders from the market…

#small businesses#trade


Shawbrook Business Credit in GBP14m asset based finance deal

Jacobson Group – a branded footwear supplier – has agreed a GBP14m funding package from Shawbrook Business Credit, who provide…

#3M#asset based finance#international


UK peer-to-peer finance breaks new record

According to data published by the Peer2Peer Finance Association, Britain’s peer-to-peer lending sector has experienced a record quarter – lending…

#Clear#platforms#small businesses


UK small businesses spending GBP11bn chasing payments

According to the latest figures, UK government measures to improve late payments to suppliers have had some impact, but the…

#bank#late payment#payment terms


RBI permits banks to factor export receivables

The Reserve Bank of India (RBI) has allowed banks to factor export receivables on a non-recourse basis, so as to…

#bank#capital requirements#exporters


More data required for achieving true cost comparison

Jeff Longhurst, CEO of the Asset Based Finance Association, responds to the claim made in trfnews feature article 'A Perfect…

#dynamic discounting#invoice#payment practices


Bibby Financial Services funds US car giant

Global car-care company Turtle Wax has secured a GBP6m funding agreement that will allow it to organise a European and…

#financial services#funding#invoice


Gulf finance adds new SME banking services

Gulf Finance has announced that it has launched a business deposit solution for SMEs that’s aimed at providing better returns.…

#liquidity#small business#SME financing


FIMBank Group appoint new CEO

Global trade finance specialist FIMBank plc, has announced the appointment of a new chief executive officer (CEO) (more…)

#ABN AMRO#bank#management


Credit approval rates for small businesses rise 26%

Encouraging signs for firms wishing to gain access to vital cash, following the Bank of England's Credit Conditions Survey (more…)

#bank#Bank of England#IGF


DS-Concept provides USD5m factoring facility to Dubai trading company

DS-Concept Factoring – a global commercial finance company specializing in international non-recourse factoring – has provided a USD5m export accounts…

#commercial finance#exporters#exports

GSCF and Euler Hermes plan expansion of supply chain...

Global Supply Chain Finance (GSCF) and Euler Hermes World Agency have jointly launched a global sales co-operation to expand companies’…

#receivables#risk#supply chain finance

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