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New trade finance solution released

Global debtor finance specialist Bibby Financial Services has introduced a trade finance solution for importers (more…)

#bank#international#invoice

Former Bibby man joins Quantum

Investec Asset Finance Group has announced that it has appointed Paul Cunningham as Head of Quantum Funding Ltd (Quantum). Mr…

#financial services#Investec#invoice


Late payments on the rise for UK SMEs

Despite Government attempts to enforce a code for prompt payment and plans to appoint a Commissioner to oversee business rows,…

#financial services#Paid#payment terms


UK government to remove invoice finance limitations

Anti-invoice finance terms and restrictive clauses in contracts that prevent businesses from gaining invoice finance are set to be banned…

#assignment#invoice#late payment


Legion grows UK presence

Legion Trade Finance has agreed deals to provide GBP1.3m of new funding to a diverse range of businesses across the…

#smes#supplier payments#supply chain finance


Bad debt remains chronic stumbling block for UK businesses

Bibby Financial Services Report suggests as many as 1.3m SMEs may be affected (more…)

#financial services#insolvency#security


SBCI lending reaches EUR45m

Over 1,600 small- and medium-sized businesses have drawn down a combined EUR45m from the Strategic Banking Corporation of Ireland in…

#bank#bank loan#banks


Bibby provides SME funding boost

Bibby Financial Services (BFS) has developed relationships with 130 SMEs since establishing itself in Birmingham towards the end of 2014…

#banks#financial services#funding


Reparo chooses the cloud for new business line

Mambu – the SaaS banking platform provider – has announced that Reparo Finance – an independently-owned business finance company specializing…

#API#business finance#cloud


TFP makes swift appointment

Trade Finance Partners (TFP) has appointed a new co-chief executive, effective immediately (more…)

#Aldermore#bank#management


First National Bank introduces new invoice discounting facility

First National Bank (FNB), South Africa, has given SMEs struggling to pay their taxes a major boost by introducing a…

#bank#invoice#late payment


ApexPeak acquires ASYX

ApexPeak – a Singapore-headquartered FinTech company – has acquired Netherlands-based ASYX, one of the world’s foremost supply chain finance providers…

#alternative financing#emerging markets#smes

An unsustainable situation

Tracy Ewen, managing director of IGF Invoice Finance, comments on the news that UK small businesses are spending GBP11bn chasing…

#bank#IGF#invoice

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