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The Czech factoring market experienced a 25 percent contraction in 2009, with the total value of the industry dropping €96 billion from 2008. According to figures compiled by members of the Association of Factoring Companies of Czech Republic, the total...
#banks#factoring industry#receivables
Small to Medium Sized Enterprises (SMEs) have resorted to bank overdrafts rather than business loans to finance their operations, according…
#bank#bank loan#banks
The Single Euro Payment Area (SEPA) looks set to change the payment landscape of Europe. With almost all of the…
New data from the Continental Research Business Omnibus has shown that Britain s SMEs are continuing to regain confidence in…
The latest research from Close Invoice Finance has revealed UK SMEs number one New Year s wish is for a…
#business finance#insolvency#invoice
In 2009, the European Investment Bank (EIB) increased its funding to Spanish SME and municipality projects by 55% year-on-year, providing…
Reported fraud in the UK rose dramatically last year, breaking the 2 billion barrier for the first time (more…)
#frauds#insolvency#management
Bibby Financial Services have reported anincrease in market share of (more…)
#asset based finance#bank#financial services
Russia's factoring market experienced a 36 percent increase in turnover during the first three quarters of 2009 compared to half…
#banks#factoring industry
The invoice financing loan book of GMAC Commercial Finance Ltd (UK) has been acquired by Close Brothers Group Plc. (more…)
FactorRus, a factoring joint-venture of Transcapitalbank, Moscow, FIMBank , Malta, and International Finance Corporation (IFC - a member of the…
Latest research among UK owner managers from Close Invoice Finance indicates that UK SMEs number one New Year's wish is…
Dutch state-owned bank ABN AMRO has paved the way for it's merger with Fortis Bank Nederland by announcing the sale…
#ABN AMRO#bank#Deutsche Bank