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WFY’23: ‘Czech factoring volumes reached again record levels’

The development of the Czech economy in 2022 was reflected in its GDP, which was only 2.5 per cent compared to 3.3 per cent in 2021, said Karel Nováček, Chairman of the Board of Directors and Chief Executive Officer, Factoring České spořitelny,...

#bank#confirming#insolvency

Polish factoring poised to return to growth in 2024

The factoring market experienced a modest decline in turnover by the close of 2023. However, a resurgence is expected in…

#bank#banks#fintechs


WFY’23: ‘Factoring services in Mauritius – key driver of...

Factoring services in Mauritius emerged in the late 1990s as a tool for facilitating trade transactions, which are a key…

#bank#interest rates#invoice


FundOnion launches business finance comparison site for SMEs

FundOnion has today officially launched its AI-backed business finance comparison site for small business loans.The FundOnion comparison site allows businesses…

#bank#Bank of England#business finance


Altriarch Specialty Finance Fund provided US$43.5m to US factoring...

Altriarch Specialty Finance Fund, LP (Altriarch), a leading private credit manager based in Charleston, South Carolina, recently provided US$43.5m in committed…

#financial services#interest rates#management


MFG CEO comments on UK interest rates remaining unchanged

Commenting on the decision announced yesterday by Bank of England to keep unchanged the UK interest rates, Douglas Grant (pictured), Group CEO of…

#Douglas Grant#interest rates#Manx Financial Group


Bibby Financial Services’s CEO comments on recent insolvency statistics

According to the latest UK company insolvency statistics, insolvencies have risen by 10 per cent from a year ago, in the…

#insolvencies#interest rates#Jonathan Andrew


Reward Finance Group secures additional £50m funding

Reward Finance Group, which provides SMEs with tailored business finance loans and asset-based solutions of up to £5m, has secured…

#business finance#interest rates#Reward Finance


Clearco secures new funding from an asset-backed facility and...

As part of a complex recapitalisation strategy, Toronto-based fintech startup Clearco has secured a new asset-backed financing facility of up…

#cash-flow#funding#interest


BFS: UK SMEs lack confidence in politicians, but skew...

●       As the Party Conference season kicks off, new data commissioned by SME funder, Bibby Financial Services (BFS), finds that confidence…

#conference#interest rates#smes


BFS release new report on SMEs business conditions on...

New research from independent working capital provider Bibby Financial Services (BFS) reveals new data on... (more…)

#interest rates#International Trade#payment practices


Lloyds Bank Business Barometer: Business confidence surges to 18-month...

Business confidence rose by 10 points to 41 per cent in August to reach the highest level since February 2022…

#bank#Bank of England#interest rates

BSF: 2023 – the worst economic environment for SMEs...

New research from global SME funder, Bibby Financial Services (BFS)... (more…)

#bank#interest rates#training

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