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From a troubled past to packaged deals

For nine months over 2008-2009 Cattles Invoice Finance - now Absolute Invoice Finance - faced an uncertain future. Its parent, Cattles PLC, was experiencing considerable financial difficulties and it was unclear what would happen to the invoice finance arm. Following...

#Aldermore#bank#insolvency

Investec survey finds entrepreneurs seeking alternative finance in 2010

Thirty five per cent of UK entrepeurs intend to use invoice discounting in asset based lending in 2010, according to…

#bank#financial services#invoice


KBC provides ABL facility to CorpAcq

KBC Business Capital has provided an asset based lending facility of   (more…)


Asset finance fraud decreased in 2009

The UK s fraud prevention service CIFAS this February released Fraudscape, a report detailing (more…)


Jeyes secures RBS invoice finance funding line

Hygiene products manuafcturer Jeyes Holdings Ltd, has completed a major refinancing agreement, securing a revolving asset-based lending facility of over…


Absolute expands into the north east with new sales...

Absolute Invoice Finance has appointed regional sales manager, (more…)


January insolvencies lowest since June 2007

Insolvencies fell to their lowest since June 2007 this January, with the latest Insolvency Index from Experian finding insolvencies in…

#insolvencies#insolvency


Ukraine SMEs to benefit from EBRD support

The EBRD is continuing to support Ukraine s banking and SME sectors by providing a loan of $25 million to…


EIB funding difficult to access for SMEs, claims CEO...

The EIB s UK funding initiative has been criticised as limiting by Bibby chief executive Edward Rimmer. (more…)

#liquidity#recession#small business


Coface conference to be held in Manchester

Manchester has been chosen as the location for the first Coface UK Ireland Country Risk Conference to be staged outside…

#conference#credit risk#financial services


ABFA launches invoice finance presentation

The Asset Based Finance Association (ABFA) has launched an invoice finance presentation which provides an insight into the workings of…


Latest IoD research finds 60 per cent of businesses...

Latest research by the Institute of Directors has found that 60 per cent of businesses that sought bank finance in…

Former RDM owner launches First Capital Factors

Former RDM Factoring owner David Marsden has launched new independent factoring venture First Capital Factors. (more…)

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