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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 an additional £50m to its credit line from the alternative investment manager, Foresight Group. The opportunity will enhance its lending capabilities, fostering...

#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


Fintech Novo secures $125m facility to launch working capital...

Novo, a Miami-based financial platform for small businesses has secured a US $125m finance facility from Victory Park Capital (VPC),…

#cash-flow#interest rates#small business


Supply chain expert comments on Fed decision to keep...

Oliver Chapman (pictured), CEO of supply chain specialists OCI, the UK’s fastest growing company in 2022, comments on the US…

#interest rates#OCI#Oliver Chapman


RFIx23 Panel session: Market development and business model evolution

As they continue to face a changing operating environment which is also producing many opportunities, what’s foremost in the minds…

#interest rates#Payables finance#receivables


Receivables Finance International Convention 2023: Massive market growth, but...

Midway through this year’s Receivables Finance International Convention, held in the London offices of Clifford Chance, Peter Mulroy, FCI’s Secretary…

#bank#interest rates#supply chain finance


Good news or bad news for the European factoring...

I receive each Friday a comprehensive set of charts from... (more…)

#bank#EU Federation#interest rates


Manx Financial comments on SMEs outlook as BofE raises...

Commenting on the outlook for SMEs as the BofE raises interest rates yet again, Douglas Grant... (more…)

#bank#Bank of England#Douglas Grant

Standard Chartered and MISA launch digital invoice financing in...

Standard Chartered Bank has announced the launch of a strategic partnership with information technology company MISA JSC to offer unsecured…

#bank#interest rates#invoice

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