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financial services

BofA bankers will study SMEs from inside out

As part of its ongoing commitment to small businesses, Bank of America (BofA) plans to hire over 1,000 small business bankers by early 2012. (more…)

#bank#cash management#financial services

Bibby offers new funding initiative

Specialist invoice financier Bibby Financial Services has today launched a new funding initiative aimed specifically at businesses with a turnover…

#financial services#invoice#invoice financier


Blend Financial plans IPO for expansion of factoring business

Mumbai-based Blend Financial Ltd., which primarily focuses on assisting and arranging funds for small and medium enterprises (SMEs) in the…

#Banca IFIS#bank#financial services


KBC Business Capital sold to US asset based lender

KBC Group today announced the sale of its UK asset-based lending business, KBC Business Capital, to a subsidiary of (more…)

#financial services#KBC#leadership


South East and London businesses need other funding options

Businesses in the early years of trading in London and the south east will need to be more financially aware…

#cash-flow#financial services#Funding Options


Shenzhen Development Bank upgrades its SCF service

Shenzhen Development Bank has announced that it has upgraded its supply chain finance (SCF) electronic platform N+1 e-commerce platform... (more…)

#bank#financial services#management


HONG Leong Finance – the latest lender to target...

HONG Leong Finance (HLF) has become the latest lender to target the fast-growing small and medium-sized enterprise (SME) sector. (more…)

#financial services#receivables#receivables financing


Invoice finance could be key to government’s issue of...

Bibby Financial Services CEO Edward Rimmer has expressed his belief that, if consultation by the Asset Based Finance Association is…

#asset based finance#financial services#invoice


Bibby helps MOP Environmental Solutions meet Gulf oil spill...

Bibby Financial Services has reported it has provided a $750,000 factoring facility for MOP Environmental Solutions, Inc. (more…)

#cash-flow#financial services#international


Year-on-year drop in insolvencies reported by UK Insolvency Service

Company insolvencies in England and Wales reached 4,080 in the second quarter – a 0.5 per cent increase on the…

#financial services#insolvencies#insolvency


Universal Insurance Alliance gets license for provision of credit...

The State Commission for the Regulation of Financial Services Markets issued five insurance licenses to Universal Insurance Alliance (Kyiv)... (more…)

#financial services#guarantees#insurance


New loans for SME grow faster than that for...

The total new loans for China's small and medium-sized enterprises (SMEs) grows faster than that for big companies, as the…

#bank#Bank of China#financial services

Czech factoring market up 13.6% in H1 2010

Czech factoring companies financed purchase of claims for CZK50.3bn in H1, a year-on-year rise of 13.6 percent, according to data…

#economy#financial services#import factoring

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