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With the Bank of England (BoE) holding interest rates ahead of today’s General Election, James Burgess (pictured), head of commercial and insolvency expert at Atradius UK, comments:“Despite inflation returning to target, the BoE has held fire on an interest rate cut until...
#Atradius#Bank of England#interest rates
London-based Firemind Ltd (Firemind) has secured a £1m invoice discounting facility from Cynergy Business Finance (CBF).Founded in 2018 by Ahmed Nuaman and Charlie…
#Cynergy Business Finance
Hawaiian Electric Company has received approval from the Public Utilities Commission for an asset-based lending facility credit agreement, enabling short-term…
#asset based finance
While social media influencers are quick to showcase the highs of their entrepreneurial lifestyles - with 147.3 million TikTok posts…
#digital#inflation#interest rates
One of the UK’s leading trade credit insurers, Atradius, has revealed that the number of claims for late or failed…
#Atradius
Fintech TRIVER has raised £2.5m to support their business development by providing more working capital finance for UK SMEs. The new funding…
#embedded invoice finance#Triver
In the first five months of the year, the Italian factoring market surpassed €113bn in turnover, representing 14 per cent…
#supply chain finance
Allianz Trade, a global provider of credit insurance and risk management solutions, and specialist credit and political risk insurance broker…
#Allianz Trade
The European Bank for Reconstruction and Development (EBRD) is supporting further development of modern retail standards and e-commerce in Uzbekistan…
#working capital finance
Validus Group, a Singapore-based digital SME financing platform, has secured US$17.57m in debt financing from Oikocredit and FMO to support…
#debt financing
Italian business software solutions provider TeamSystem has acquired a 61 per cent majority stake in Change Capital, a Milan-based fintech…
#AI#cash-flow#digital
Millennium Personnel Services (MPS), a provider of specialist qualified crane operators for the construction sector, has secured a £3.85m funding…
#commercial finance#funding#invoice
State Bank of India (SBI) has introduced 'MSME - Sahaj', a new web-based digital business loan solution aimed at micro,…
#bank#digital#invoice