Tag Archive: SMEs

Steven Renwick, Satago, discusses the rise of selective invoice financing as an alternative to the overdraft in The Paypers

Despite comprising 99% of all UK businesses, small and medium-sized enterprises (SMEs) have become increasingly underserved by the banking sector in the post-crisis environment, with the withdrawal of overdrafts from the high street. Fortunately, a host of alternative lenders have stepped forward, many of which are leveraging developments in technology to offer new, valuable solutions …

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BNY Mellon’s Daniela Eder says inter-bank collaboration will help SMEs thrive in TFR

Accounting for 68% of the country’s exports, Germany’s 3.7m SMEs (or Mittelstand) are the backbone of the world’s fourth largest economy and have long been viewed as a blueprint for sterling business strategy and practice. But as the export landscape evolves at an astonishing rate – driven by advances in technology and globalisation – the …

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Steven Renwick discusses how Satago is leveraging technology to enhance credit control processes in PYMNTS

Late payments are a huge issue for many SMEs, with the problem so severe that it has become a key reason for insolvency in the sector. Through its all-in-one cash flow solution, which marries invoice finance and digitally-driven credit control capabilities, Satago aims to address this. In an in interview with PYMNTS, Satago CEO and …

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CWEIC’s Oliver Everett discusses opportunities for UK SMEs across the Commonwealth in Business Zone magazine

Business Zone magazine has featured an expert piece by CWEIC CEO Oliver Everett where he wrote about the many business opportunities open to UK SMEs across Commonwealth markets, and how the CommonwealthFirst initiative was encouraging and enabling them to do so. With UK SMEs playing an important role as dynamic and influential drivers of the economy, Everett explains why it is crucial they get the support …

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World Finance names Commerzbank ‘Best Commercial Bank in Germany’

Recognising the years spent assisting German companies engage in international trade, leading magazine, World Finance, names Commerzbank ‘Best Commercial Bank, Germany’ in  yet another award for 2016. The magazine notes Commerzbank’s comprehensive range of products and services to over 100,000 German clients, its role as the country’s leading financer of SMEs, as well as its …

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Satago’s Steven Renwick is the featured entrepreneur in Start Your Business

Satago recently launched its unique all-in-one cash flow solution, which combines invoice finance with a credit control platform to help address the issue of late payments. In a special Q&A for Start Your Business, Steven Renwick, CEO and founder of Satago, explains how Satago can genuinely improve SMEs’ financial health, what drove him to establish …

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ICC Banking Commission’s Alexander Malaket discusses refining the regulatory balance in Treasury & Risk

In a recent article for Treasury and Risk, Alexander Malaket – Deputy Head of the Executive Committee, International Chamber of Commerce (ICC) Banking Commission – discusses the search for the optimal balance between implementing essential regulation and encouraging global growth. Trade finance is a key factor in emerging-market development and the expansion of trade. Yet, …

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CWEIC’s CommonwealthFirst initiative announces first cohort of SMEs

The first cohort of CommonwealthFirst Export Champions was announced at a breakfast on 7th July hosted at Marlborough House by the Commonwealth Enterprise and Investment Council in conjunction with the Confederation of Indian Industries’ annual CEOs delegation to London. The breakfast was addressed by the Rt Hon Hugo Swire MP, Minister of State, Foreign and …

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Trade and Forfaiting Review features expert piece by CWEIC’s Oliver Everett on CommonwealthFirst

Trade and Forfaiting Review has featured an article by CWEIC CEO Oliver Everett on CommonwealthFirst. With UK SMEs playing an important role as dynamic and influential contributors to the economy, Everett explains why it is crucial they get the support that they need in their efforts to grow and succeed. Exporting overseas is one way SMEs can achieve this growth, and Everett explains how the CommonwealthFirst initiative …

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CWEIC’s CommonwealthFirst initiative featured on Greater Manchester Chamber of Commerce website

The CommonwealthFirst initiative, launched jointly by the Commonwealth Enterprise and Investment Council (CWEIC) and Royal Mail, has been featured on the website of the Greater Manchester Chamber of Commerce. Over the next three years CommonwealthFirst will provide first-class mentoring and business development support to 100 high-potential, ambitious UK SMEs so that they find export success in the …

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