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Informal financing business to be regulated by BDDK

The Banking Regulation and Supervision Authority (BDDK) has announced it would take action against informal business at leasing, factoring, and consumer financing sectors. BDDK chairman Tevfik Bilgin has stated that they would regulate and supervise these sectors as well, just...

#Bill#economy#leasing

SMEs need to be honest about their size, finds...

Most businesses say they are bigger in size than they actually are, a survey has found. (more…)

#commercial finance#invoice#smes


Green shoots of recovery reported by smaller manufacturers –...

Small- and medium-sized manufacturers are reporting signs of recovery as orders for goods stopped falling last quarter after more than…

#investment#Jobs#Two


SME finance brokers – Davenham's Martin Risman underlines their...

Exactly what value does a broker bring to sourcing the right funding solution for a small to midsized enterprise (SME),…

#funding#receivables#SME financing


Close Invoice Finance funds Cherrystone acquisition

Cherrystone bought the company for an undisclosed sum from shareholders Adrian Pulleyn, of Pulleyn Transport in Reading and founder Henk…

#acquisition#bank#international


Newly promoted EFE director returns to Manchester office

After being promoted to director, asset-based lending specialist (more…)

#commercial finance#i#Two


Landsbanki refinances six businesses with Ј8m ABL facility

Landsbanki Commercial Finance (LCF) has helped a Birmingham-based company refinance six of its businesses with an £8 million asset-based lending…

#bank#cash-flow#commercial finance


Correction – Atradius sponsors the 2006 Celtic Manor Wales...

Global credit insurer, Atradius, is official sponsor of the 2006 Celtic Manor Wales Open Golf tournament. The £1.5 million European…

#Atradius#WHO


SMEs bankruptcy rate after accession overestimated – ANIMMC

In recent months, all kind of speculations have been made on the number of SMEs that would go bankrupt after…

#conference#exports#smes


Kestrel Technology diversifies into fittings for luxury yachts with...

Catering equipment specialist Kestrel Technology Services is diversifying to supply fittings for luxury yachts. Kestrel has brought on board asset-based lending…

#Bridge#cash-flow#commercial finance


Nacion to focus on SMEs through leasing and factoring...

Federal Argentine bank Banco Nacion will step up its focus on small- and medium-sized enterrises (SMEs) through its trust fund,…

#bank#leasing#smes


Leicester professional to head up R3 in the Midlands

R3, the Association of Business Recovery Professionals, has appointed a new chairman for the Midlands. who takes over next month…

#bankruptcy#insolvencies#insolvency

Davenham gets capital base

Davenham Group, the asset-based lender, has set up camp in London, adding to its five existing locations throughout the UK.…

#asset-based lender#funding#WHO

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