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Bibby Financial Services said today that during the fourth quarter, its North American division provided more than US$35 million in credit facilities (more…)
#financial services#funding#receivables
Factoring company Platinum Funding UK Limited has announced the completion of a 13.5m accounts receivable financing facility (more…)
#funding#invoice#risk
Research by the Asset Based Finance Association shows that firms across the UK are increasingly using asset based lending as a…
#asset based finance#management#risk
Zlatija Jelenkovic, Head of Factoring at Raiffeisen Bank, Serbia, addresses the state and development of the factoring industry in Serbia.…
#bank#international#payment terms
The value of loans to SMEs jumped 30 per cent last month from a year earlier (more…)
#bank#interest rates#smes
Banks have withdrawn unused credit facilities from 34% of the UK s largest companies, starving them of liquidity, damaging revenues…
#bank#financial services#interest rates
Establishing a fund worth EUR1bn to support SMEs is one of the main measures being considered by the Finance Ministry to counter…
#bank#guarantee#smes
IDBI Bank has announced a slew of measures to boost flow of credit to micro, small and medium enterprises (more…)
#bank#guarantees#interest rates
Bank of America Business Capital announced it provided a $65m asset-based loan to Midland Paper Company (more…)
#bank#Bank of America#liquidity
Aon has launched a credit insurance service for SMEs, in partnership with Euler Hermes UK (more…)
#AON#management#R3
Healthy businesses will struggle to survive if the UK government does not take urgent action to deal with the credit…
#bank#Bank of England#trade
GXS and SCC Swiss Commercial Capital have announced a strategic alliance to accelerate the development of the supply chain finance market (more…)
#invoice#payment terms#purchase order
Venture Finance recently conducted a study in which they asked accountants to rate the attractiveness of various business finance options…
#bank#business finance#invoice