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CIT Group Inc. today reported net income of US$189.3 million for the quarter ended March 31, 2004. The results for…
PCI Leasing and Finance Inc. saw its profits drop sharply last year as it moved to set aside funds to…
The European Bank for Reconstruction and Development (EBRD) will release Ђ40 million for Bulgarian commercial banks to extend loans to…
The Bibby Financial Services Group has announced the roll out of a new service offering to add to the list…
Pakistan Industrial Credit and Investment Corporation (PICIC) has so far disbursed Rs 300 million among small entrepreneurs under small business…
As a whole, SMEs have limited assets and inadequate collateral; their financial accounting is poor; they are often family-run, and…
Allgemeine Kredit Coface Finanz (AKCF), the German subsidiary of French financial group Coface, is anticipating further growth in its business…
Venture capital (VC) backed private companies represent a target market for factors. Many VC financings are accompanied by invoice finance.…
With just 18 months elapsed since the late payment legislation was completely implemented in the UK, the Better Payment Practice…
Zurich's Emerging Markets Solutions group, the political risk and trade credit insurance unit of Zurich, has signed a memorandum of…
Carl Cushnie made millions by defrauding investors in trade finance firm Versailles, it was claimed yesterday, as the case surrounding…
Colombia's state-owned export development bank Banco de Comercio Exterior de Colombia (Bancуldex) issued loans totalling 502bn pesos (US$191m) to the…
Manchester Commercial Finance, an Edina-based financial services provider that specialises in asset-based lending to small- and medium-sized companies (SMEs), has…
A new head of KPMG’s national mid-market Corporate Recovery team has been appointed. Myles Halley is moving to the London…
FactorHelp announced that a 20-year veteran in the factoring and small asset-based lending (ABL) industries, Thomas G. Siska, has joined…
Speaking at the Russian Economic Forum in London this week, Trade and Industry Secretary Patricia Hewitt warned that UK businesses…
These days small- and medium-sized businesses (SMEs) are undergoing a financial crisis worse than that of 1997. While large companies…
Siemens Financial Services (SFS) has formed a partnership with securitisation experts SecDebt to offer trade receivables finance, to mid-cap companies…
Carl Cushnie, the founder of collapsed FTSE 250 company Versailles Group, yesterday refused to take the stand and face questioning…
London Scottish Invoice Finance Limited, the factoring company formerly known as ISIS Factoring plc, has released its results for the…
The new chief financial officer (CFO) at Intrum Justitia has been named as Bo Askvik, who will also become a…
The Swiss president, Joseph Deiss, has welcomed a plan by the European Bank for Reconstruction and Development (EBRD) to boost…
Leading global credit insurer, Atradius, has just announced a partnership deal with Aon Receivables Management Services - one of the…
The development of small- and medium-sized enterprises (SMEs) has been on the official agenda since 1959, but only an estimated…