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New definition of SME shuts out companies from grants...

Listed entities and government-linked companies (GLCs), including their subsidiaries, are no longer deemed as small and medium enterprises (SMEs)... (more…)

#bank#financial services#guarantee

UK SMEs are losing over £9bn through invoice fraud...

Recently published research states that 58 per cent of SME owners think the impact of modern-day invoice fraud on their…

#GDPR#invoice#smes


ADB gives USD 75mn for lending to Sri Lanka’s...

Sri Lanka has decided to obtain an additional financing through a loan of US$75 million dollars from the Asian Development…

#ADB#bank#international


Factoring continues to increase in Germany according to BMF

In 2017, the volume of purchases made by SMEs was 9.5 per cent higher than in the previous year, according…

#BFM#JITpay#receivables


UK finance provider enters new partnership to offer cashflow...

SME funding provider ... has entered into a partnership with...a leading distributor of specialist building products in the UK, to…

#bank#funding#smes


Afreximbank urges use of factoring to expand Africa’s regional...

African countries should make use of factoring in order to take advantage of the opportunities for expanding the continent’s regional…

#bank#conference#exporters


UK company extends its offer of invoice discounting on...

The UK’s largest independent invoice financier,..., has extended its Trade Finance proposition to include Invoice Discounting... (more…)

#exporters#financial services#invoice


Indian SME lending start-up raises over US$87m in equity...

Post raising US$4.7m funding round in January 2018, Ahmedabad-based SME lending platform... (more…)

#bank#platforms#SME lending


Fintech start-ups to offer finance solutions for SMEs in...

Small and medium enterprises (SMEs) can seek an alternative channel to finance their working capital following the strategic partnership between...…

#financial services#funding#Funding Societies


UK invoice finance fintech partners with credit insurer Euler...

...the peer-to-peer invoice finance and business loans platform, has partnered with trade credit insurance provider Euler Hermes to help... (more…)

#invoice#risk#smes


ING rolls out new app for SMEs’ invoices

ING has built a `digital shoebox` app that lets small business clients use their phone cameras to scan... (more…)

#digital#ING#small business


Commercial Credit Data Sharing to help UK SMEs applying...

Consumer credit reporting agency Equifax has launched technology to support Commercial Credit Data Sharing (CCDS), part of a scheme implemented…

#data protection#open banking#regulation

Sainsbury’s and British Land chairmen join UK invoice finance...

A UK start-up that is aiming to end the culture of late payment that plagues British business has recruited two...…

#artificial intelligence#bank#invoice

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