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UK

Vince Cable promises to commit GB1 billion to British...

The government plans to invest GBP1 billion into a state-backed bank that will facilitate SME lending. (more…)

#bank#conference#crisis

ABFA Respond to Recent Bad Press Coverage

   Further to recent coverage in the UK national press regarding complaints about claimed abuses over the handling of the administration…

#insolvency#invoice#R3


No gold for UK businesses after the 2012 Olympics

The research commissioned by Close Brothers Commercial Division shows that 78pc of businesses in the UK haven t benefitted from…

#Boost#economy#invoice


GE Capital boosts Reflex Group’s growth

GBP10.75 million financing package for the UK s fastest growing label manufacturer. (more…)

#working capital


HSBC provides Castalum with GBP6m funding facility

Welshpool-based car components company Castalum has secured GBP 6million in funding from HSBC Commercial Bank to support its growth. (more…)


Aldermore voted ‘Asset-Based Lender of the Year’

Aldermore receives Insider s North East Dealmakers Award 2012. (more…)

#Aldermore#asset-based lender#awards


The Treasury to investigate accusations against invoice financiers

Government is looking into abuses of the administration process by invoice finance providers. (more…)

#innovation#insolvency#invoice


Asset Based Finance continues to grow despite challenging times

ABFA reports two per cent volume growth year-on-year. (more…)

#asset based finance#banks#funding


Bibby to provide GBP3 million confidential invoice discounting facility

One of the North East s leading family-run businesses has secured a GBP3million confidential invoice discounting facility from Bibby Financial…

#bank#financial services#invoice


Coface appoints managing director in UK and Ireland

Frédéric Bourgeois has been appointed Managing Director of Coface in the UK and Ireland as Xavier Denecker retires. (more…)


Close Brothers to open in Bristol

Close Brothers Invoice Finance is to open its first office in the South West. (more…)


Barclays appoints CEO

Barclays promotes retail and business banking chief Antony Jenkins to CEO. (more…)

SMEs moan, but stick to their banks

SME firms call current business bank account charges 'high', 'complex' and 'unfair', a recent study shows. The UK’s small and medium…

#bank#guarantees#small businesses

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