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UK

RBS IF funds merger with Ј9m invoice discounting line

Royal Bank of Scotland's invoice finance arm (RBS IF) has provided a 9 million invoice discounting line to fund a merger between two UK recruitment agencies. (more…)

#bank#invoice#trade

FreshLinc secures Ј6m invoice discounting facility

FreshLinc has agreed a £6 million finance package with HSBC's Corporate Banking Team in the Midlands. (more…)


Ashley purchase boosts Ultimate Finance’s year end profits

Bristol-based invoice financing group Ultimate Finance has reported an increase of 51 per cent in turnover and a 61 per…


New report – SMEs missing out on available finance

UK SMEs are failing to take advantage of £28 billion of available funding despite a significant lending gap, according to…


Experian: Two thirds of UK SMEs severely lack credit...

More than two thirds of the UK's small business community are severely lacking in credit awareness, researchers have found. (more…)


UK SMEs: Bank margins of loans are too high

Three out of four SMEs (75 per cent) think that bank lending margins on loans are too high, up from…


LSE’s CEO: SMEs are only solution to UK growth

The chief executive of the London Stock Exchange (LSE) has said that boosting the UK's SME community is the only…

#Boost#European Commission#funding


RBS names global transaction head

RBS has appointed Neal Livingston as head of Emea global transaction services (GTS) in a move to expand the bank…


MP criticises invoice factoring in House of Commons debate

A Member of Parliament (MP) has said the banks "shove companies down the invoice-factoring route" rather than help them with their…


MarketInvoice passes Ј1m mark

Non-bank finance provider MarketInvoice channels over 1 million of capital direct to SMEs six months since its launch. (more…)


Bibby builds funding partnership with property service

Invoice finance provider Bibby Financial Services has teamed up with Nottingham-based property service, The Vinden Partnership, to launch a new…


Syscap: EFG lending scheme on the slide

Lending under the Government s Enterprise Finance Guarantee (EFG) scheme has plummeted over the last year, according to IT finance…

ECI survey: Future looks bright for SMEs

Small businesses are optimistic about the coming year, with half expecting to see profit growth of 16 per cent or…

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