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The audit exposes Pescanova's loss concealment and false invoicing. (more…)
#fake invoices#management
Pottery brand Denby secure GBP7m facility to support geographical expansion. (more…)
#cash-flow#invoice
The UK's export credit agency, UK Export Finance (UKEF), has announced that it will guarantee US$700 million (£450 million) of…
#exporters#exports#guarantee
Warrington-based postal operator Secured Mail has undergone a GBP10.5m refinancing. (more…)
#commercial finance#funding#invoice
EBRD to provide EUR80 million facility to Banca Comerciala Romania (BCR). (more…)
#bank#funding#smes
Bakkavor, ready meal and fresh produce group, secures GBP360m refinancing, including GBP80m receivables securitisation facility. (more…)
#bank#international#receivables
PKO BP and Nordea Bank Polska merge: factoring and leasing assets go to PKO Leasing. (more…)
#bank#international#leasing
Europe's largest listed companies are still struggling to convert sales into cash, according to research from working capital consultancy REL.…
#cash-flow#interest rates#management
RTVE has said it has used EUR70 million of working capital finance facilities from Santander and BBVA. (more…)
Graham Byrne appointed as Chief Commercial Officer for Europe. (more…)
#bank#banks#financial services
Lloyds TSB Commercial Finance provided GBP12 million invoice finance facility a start-up business. (more…)
Citi agreed to provide EIB-supported credit facility to confirm letters of credit and other trade finance instruments of Greek banks.…
Insolvency specialists, Casa de Insolventa Transilvania (CITR), names five main reasons for business insolvencies. (more…)
#insolvencies#insolvency#management