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Bank of England (BoE) governor, Mervyn King, has called for the government to set incentives for banks to boost lending to credit-strapped SMEs, while defending the BoE s decision to focus its asset purchases on gilts, Reuters reports. (more…)
#bank#Bank of England#credit risk
Lloyds TSB Commercial Finance has joined forces with Speedy Hire plc's (Speedy) lead arrangers to provide a £220 million asset-based…
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
Companies in Northern Ireland that are struggling to gain access to bank credit could soon benefit from a new investment…
#bank#financial services#interest rates
RBS Invoice Finance has appointed Andy Pickford as Corporate Development Director for RBS IF across the North West of England. (more…)
The British-based financial services website, themoneyvine.co.uk, has launched its cash flow solutions for business. (more…)
New British bank Shawbrook has launched today, and is targeting SMEs struggling to get funding from the UK's biggest banks,…
#Aldermore#bank#small business
Aldermore has appointed Damon Walford as Managing Director of its invoice finance business, which markets factoring and invoice discounting facilities…
#Aldermore#commercial finance#funding
Factorscan talks to invoice finance providers in the UK to discuss recent allegations made in a Parliamentary debate that banks…
#bank#commercial finance#invoice
Factorscan talks to John Bevan, Chairman of ABFA and Head of Barclays Trade and Working Capital in the UK the…
#bank#financial services#invoice
More than 100,000 small businesses could save in excess of £600 million a year in accountancy and administration costs under…
#guarantee#innovation#international
The Interface Financial Group (IFG), North America's largest alternative funding source for small business, has held its first corporate regional…
#alternative funding#conference#interest rates
The Chancellor of the Exchequer, George Osborne, has announced a new programme of credit easing in which the Treasury would…
#bank#Bank of England#bonds