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Trade bodies form SME partnership

The National Association of Commercial Finance Brokers (NACFB) and the Federation of Small Businesses (FSB) have partnered to provide a larger UK-wide introduction channel for small businesses seeking finance. (more…)

#commercial finance#small business#small businesses

CBC provides USD35m in new factoring and asset-based facilities

Capital Business Credit LLC (CBC), a US-based financial products and services company, has provided US$35 million in revolving lines of…

#banks#economy#trade


Vince Cable promises to commit GB1 billion to British...

The government plans to invest GBP1 billion into a state-backed bank that will facilitate SME lending. (more…)

#bank#conference#crisis


TBS Factoring to award scholarship to former truck drivers

St. Christopher Fund begins accepting apps for new TBS Factoring Service Trade School Scholarship. (more…)

#cash flow solutions#cash-flow#trade


The Treasury to investigate accusations against invoice financiers

Government is looking into abuses of the administration process by invoice finance providers. (more…)

#innovation#insolvency#invoice


Asset Based Finance continues to grow despite challenging times

ABFA reports two per cent volume growth year-on-year. (more…)

#asset based finance#banks#funding


HSBC appoints new head of global trade, receivables finance

James Emmett takes the head of global trade and receivables finance position from Rakesh Bhatia. (more…)

#global trade#receivables#trade


SMEs moan, but stick to their banks

SME firms call current business bank account charges 'high', 'complex' and 'unfair', a recent study shows. The UK’s small and medium…

#bank#guarantees#small businesses


Touch Financial wins UK Invoice Finance Broker of the...

Touch Financial was voted UK Invoice Finance Broker of the Year at the ACQ Global Awards 2012 by almost 5,000…

#awards#invoice#WHO


RaiffeisenLandesbank to renew factoring line for troubled Neckermann

Neckermann Austria will sustain operations, while in administration, thanks to a renewed factoring facility. (more…)

#bankruptcy#interest#WHO


Dubai SME and Shuaa Capital sign agreement to support...

Dubai SME, the agency of the Department of Economic Development, has mandated to develop the SME sector, and Shuaa Capital,…

#bank#management#SME financing


UK Export Finance resumes short-term cover for Burma

UK Export Finance is resuming its short-term cover for British exports to Burma for the first time in over 20…

#export finance#exporters#exports

P&A Group to open office in Dublin

Insolvency and debt recovery specialist P A Group is expanding to Ireland. (more…)

#alternative funding#debt collection#insolvency

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