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Europe

North East hard hit by late payment

SMEs in the North East of England already struggling to cope with the effects of the economic downturn, are owed more than £1.1bn on any given day. (more…)

Debt turning increasingly bad

Research has revealed the overwhelming scale of bad debt being suffered by UK businesses at the front-line of the recession.…

#alternative funding#Funding Options#invoice


Insights into 'Factoring in Russia – 2009'

Last month, Moscow hosted the annual conference 'Factoring in Russia - 2009', bringing together 120 players from the industry. (more…)

#conference#international#international factoring


RBS says SMEs too wary in acquiring funding

Small business experts at the Royal Bank of Scotland have said the money is there for a revival in the…

#bank#Bank of England#NatWest


The dangers of overreliance on a single debtor

Close Invoice Finance has reveals that 350,000 SMEs across the UK rely on a single customer for over 75% of…

#insolvency#invoice#management


New chief operating officer at Cattles

Paul Mackin is set to become chief operating officer of Cattles Plc, the parent company of Cattles Invoice Finance. (more…)


Venture Finance attracting new business in the downturn

Venture Finance North has reported a big rise in new customers in the first quarter of the year as the…

#funding#invoice#Two


EIB extends funds to SME lenders

The European Investment Bank (EIB) on Wednesday signed two partnership agreements with ATEbank and Marfin Egnatia Bank. (more…)

#bank#banks#channel


Vision Critical appoints new director

Vision Critical appoints John Thornton as a Non-Executive Director. (more…)


Credit checking worryingly rare among UK SMEs

Research by Cattles Invoice Finance (CIF) has revealed that only 27 per cent of UK SMEs credit check new customers.…


PSB strengthens Chinese offering

The volume of Promsvyazbank s (PSB) international factoring transactions with China increased by 55.7% to 52 million in 2008. (more…)


Factoring faces potential crisis

The Bulgarian factoring market experienced a slowing in growth with companies extending deferred payment periods as the global financial and…

Encouraging signs as bank lending improves

A survey by the Forum of Private Business reveals that businesses are slowly regaining confidence.

#bank#forum

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