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Sony has criticised the latest government scheme to protect UK business, claiming that it doesn't take into account smaller firms struggling to survive the crisis. (more…)
#cash-flow#credit risk#risk
The Government is launching a scheme providing up to £5 billion of additional trade credit insurance for businesses who have…
Martin Pugsley, of counsel within DLA Piper's Milan office, talks to Factorscan about the Italian factoring market and the potential…
#bank#insolvency#international
Lloyds TSB Commercial Finance extended a £20 million ABL offering, enabling Smiths News to acquire book wholesaler Bertram Group, a former…
#asset based finance#commercial finance#liquidity
Despite late payment placing increasing pressure on small firms, a survey by Cattles Invoice Finance has shown that more than…
Following the Budget announcement this afternoon, Edward Rimmer - chief executive of Bibby Financial Services in the UK Ireland commented…
Shares in doorstep lender Cattles Plc were suspended today, with the company's invoice discounting arm currently up for sale. (more…)
#bad debts#invoice
Irish SME's will benefit from the decision of the EU Commission to authorise the Irish Government to hand out state…
#confirming#exports#recession
Following the release of the UK Budget, Edward Rimmer Chief Executive of Bibby Financial Services in the UK and Ireland,…
Euler Hermes welcomes government credit insurance scheme while attacking the banks for not lending in the downturn. (more…)
#Atradius#management#security
Struggling retailers have criticised a plan expected to be unveiled by Alistair Darling in tomorrow's Budget for failing to go…
The European Commission has authorized a measure adopted by Luxembourg to provide top-up credit insurance coverage for companies. (more…)
#DEC#European Commission#trade
A new survey by the Irish Small and Medium Enterprises Association (ISME) has revealed that Irish SMEs are being hit…