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UK SMEs owed GBP67.4bn in unpaid invoices

According to new research from the Asset Based Finance Association (ABFA) the amount owed is an increase of 8 per cent from last year and 36 per cent from GBP49.5bn in 2011 (more…)

#asset based finance#funding#invoice

RBS invoice finance appoints new regional managing director

RBS Invoice Finance has appointed a new managing director for its invoice finance division for the South West and Wales…

#bank#funding#invoice


Raiffeisen Factoring signs EUR40m loan

The European Bank for Reconstruction and Development (EBRD) has agreed to provide a loan of up to EUR40m to Raffeisen…

#bank#funding#international


Scottish Pacific release SME growth index

Growth stumbles; SMEs put banking in too hard basket (more…)

#bank#banks#cash-flow


Tawreeq Holdings crosses USD55m milestone

Tawreeq Holdings crosses milestone of USD55m in supply chain finance programmes since launch (more…)

#financial services#payment terms#smes


EBRD with Bulgaria SME visit

A delegation representing the European Bank for Reconstruction and Development (EBRD) led by Matteo Patrone, the Bank’s Regional Director for…

#bank#economy#international


SMEs hardest hit

Two-and-a-half months after Greece’s banks were forced to shut down, with the special three-week holiday and the imposition of capital…

#bank#banks#liquidity


Financial boost for Rwandan SMEs

The loan agreement recently signed between the African Development Bank Group (AfDB) and Access Bank Rwanda is anticipated to enhance…

#AfDB#African Development Bank#bank


Finpoint to help SMEs gain vital access to funding

A new partnership to bring SMEs together with the finance they need to grow is being launched in Leeds City…

#alternative lending#banks#funding


Russian factoring turning over RUB133bn

The Association of Factoring Companies (AFC) with the support of "SME Bank" has held another collection of statistical indicators of…

#bank#receivables#SME bank


Chase Bank partners with ATI

With access to credit still a major hurdle for many small and medium-sized enterprises (SMEs), Chase Bank has partnered with…

#bank#guarantees#invoice


David Postings appointed as Global CEO for Bibby Financial...

David Postings has been appointed as Global Chief Executive Officer for Bibby Financial Services (BFS), part of the 208-year-old Bibby…

#financial services#international#invoice

Prospa set to increase SME offering

Australian online lender Prospa has announced the securing of AUD60m in capital to expand its SME finance offering (more…)

#business finance#investment#small business

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