Strategic Banking Corporation of Ireland and Bibby Financial Services launch invoice financing fund

18th July 2016 Commercial Credit Management |

The Strategic Banking Corporation of Ireland (SBCI) and Bibby Financial Services Ireland (BFSI) have announced a €45million lower-cost invoice financing fund for Irish SMEs. An extension of SBCI’s on-going efforts to drive competition and choice in the Irish lending market, the announcement sees €45 million in funding being made available to Irish businesses. The agreement enables…

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New leadership roles as Close Brothers unifies north & south divisions

14th July 2016 Commercial Credit Management |

As part of the changes Ian Steward has been appointed Managing Director of Close Brother Invoice Finance. Steward was previously Managing Director of Close Brothers Invoice Finance North. George May and Fiona Parkinson will now become Commercial Directors for the north and south.

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Bibby Financial Services agrees €150 million funding agreement

14th July 2016 Commercial Credit Management |

Bibby Financial Services has announced the fund to support European SMEs. The three-year agreement with HSBC will be available to new and existing SME customers.

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Santander to launch leasing product for consumers and businesses

3rd July 2016 Consumer Collections |

Santander Consumer Finance UK (SCF) product to be sold through brokers and dealerships

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Leasing Foundation appoints Carl D’Ammassa of Aldermore to its board

Other new appointments to the board include Mike Randall, Jo Davis (Locke Lord), Fran Watson (Siemens Financial Services), Gavin Wraith-Carter (Hitachi Capital Business Finance), Gabriele D’Uva (GE Capital) and John Chadwick (Acquis Insurance Management).

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The Financial Conduct Authority (FCA) shares thoughts on whether consumers would benefit

3rd July 2016 Regulation and Compliance |

The Financial Conduct Authority (FCA) shares thoughts on whether consumers would benefit from further regulation of the peer-to-peer lending market with the Bank of England

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