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Bibby: Average business turnover for UK SMEs hits four-year...

Business turnover across five key sectors peaked during the third quarter of 2011 for the first time since the start of the financial crisis four years ago, according to the latest study tracking the performance of 3,500 SMEs by Bibby...

ABFA appoint new head of government affairs

The Asset Based Finance Association (ABFA) has announced that Matthew Davies has joined the Association in the new role of…


Late payments to SMEs hits record high

SMEs are owed a record £33.6 billion in late payments, according to Bacs. (more…)


Reward founder launches Ј10m ABL venture

Reward Capital founder Andrew Ward has launched a new venture targeting SMEs across the north of England, Insider Media reports.…


LFC hires trading manager

The London Forfaiting Company (LFC) has appointed Colin Stone as senior manager in its London trading team, GTR reports. (more…)


Bibby promote new director

Invoice finance specialist Bibby Financial Services has promoted Mark Riches to sales director for its international trade finance business. (more…)

#exporters#Flexible Funding#international


Duff & Phelps expands European presence with acquisition of...

The Duff Phelps Corporation, an independent financial advisory and investment banking services firm, has acquired MCR. (more…)

#acquisition#banking services#insolvency


Lloyds TSB CF supports MBO of Encon Group

Lloyds TSB Commercial Finance has provided a £35 million receivables finance line to partly fund the management buy-out (MBO) of…

#bank#commercial finance#Lloyds Bank


SME loan rejections in UK quadrupled during crisis

The proportion of small British firms which were turned down for bank loans quadrupled between 2007 and 2010 and was…


Venture Finance: Smaller business lack confidence to grow

Nearly half of SMEs have cash reserves available, but many see the economic climate as too uncertain for investment, according…


BoE governor: Gov’t must provide incentives for banks to...

Bank of England (BoE) governor, Mervyn King, has called for the government to set incentives for banks to boost lending…

#bank#Bank of England#credit risk


Lloyds TSB Commercial Finance supports Speedy growth

Lloyds TSB Commercial Finance has joined forces with Speedy Hire plc's (Speedy) lead arrangers to provide a £220 million asset-based…

Leumi ABL acquires Coface client portfolio

Leumi ABL Limited, the asset based lending subsidiary of Bank Leumi (UK) plc, has acquired a portfolio of clients from…

#bank#commercial finance#Leumi ABL

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