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Europe

Ultimate Finance Group extends finance facility

Ultimate Finance Group has secured an increase in its back to back receivable financing arrangement with Lloyds TSB Commercial Finance (more…)

#bank#commercial finance#invoice

Record high for trade credit claims

Latest ABI figures show that trade credit insurance remains a vital lifeline to businesses that are hit by the effects…


Regency Factors announce rise in profits

UK factoring company Regency Factors has recorded a significant increase in turnover and profit (more…)

#asset based finance#funding#funding gap


Late payment ripple effect impacts over half UK businesses

Late payments to businesses are causing a 'ripple effect' impacting on more than half UK businesses (more…)


Yorkshire Bank announce Ј100m SME fund

SMEs in Yorkshire and the North East will soon be able to benefit from a £100m fund set up to…


PSB Factor of the Year amongst Russia's financial elite

Promsvyazbank (PSB) has received the Factoring Company of the Year award at the annual Russia s Financial Elite 2009 award…

#bank#banks#leadership


Eurofactor voted Best Import Factor 2009

Eurofactor AG was voted Import Factor of the Year for the first time by the 244 members of Factors Chain…

#awards#guarantee#international


Small firms showing signs of recovery

Small businesses which were hit hard by the worst of the credit crunch and the recession nearly a year ago…


Credit insurers must rebuild trust

While the most recent CBI survey indicated that credit conditions were starting to stabilise, feedback from its members indicates that credit…

#exporters#management#payment terms


Sentiment at SMEs stagnates

Ecostat's SME confidence index has remained unchanged from the previous month at 61.9% in June (more…)

#economy#funding#smes


SMEs struggling to obtain favourable credit terms

Nearly two thirds of UK SMEs are carrying a credit rating which may negatively affect their ability to obtain credit…


Business failures set to rise

Business failures are expected to reach records levels, according to the latest Industry Watch report by accountants and business advisors,…

#economy#inflation#interest rates

GMAC funds management buy-out

GMAC Commercial Finance has backed the management buyout of European Recruitment Network Group (ERN) by Redwood Group Ltd. (more…)

#bank#commercial finance#invoice

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