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Europe

Bankruptcy wave in the construction industry

The Hungarian construction industry is facing a steep downturn after the large boom of 2001-2005 created by the government  housing loan subsidies, rapidly increasing real wages and the generous government spending on infrastructure projects. (more…)

Russia's URSA Bank raises US$63m loan for trade financing

Russia's URSA Bank had raised a US$63m syndicated loan with a 12-month maturity. (more…)

#bank#banks#ICICI Bank


SMEs continue to improve in May

Sentiment at Hungary's SMEs continued to improve in May, following a trend started in February, according to the latest measure…


The FDA Annual Dinner 2007 – a great success

Jeff Longhurst (FDA Chairman) kicked off the evening with a welcome speech which highlighted some recent achievements of the FDA.…


Coface predicts hard landing for some sectors of UK...

Many more companies are approaching Coface considering invoicing discounting to ensure cash flow. The demand for their debt collection services is beginning…


New Managing Director for Atlantic Risk Management Services

Jo Bennett-Coles has been appointed Managing Director of Atlantic RMS, the Work out and Audit specialist. Jo has been with…


IGF – Norman Taylor new sales director for Midlands...

IGF, a UK independent commercial finance company, today announces that Norman Taylor has been appointed as new Regional Sales Director,…

#commercial finance#IGF#invoice


Suppliers asked by trade customers to share financial pain

57% of companies surveyed told credit reference agency Graydon they had experienced trade customers unilaterally changing credit or payment terms…


Venture Structured Finance funds MBO of the Nield Group

Venture Structured Finance today announces it has funded a MBO of the Nield Group with an asset-based finance package worth around 10 million.…

#Business Development Manager#cash-flow#corporate finance


New funds secure Youngsters future

Youngsters' future looks more positive after the group secured a new financing arrangement with its bank, Barclays. The funding package…


Invoice finance industry – strong growth in Q1 2007

Over 13bn has been advanced to UK companies by the invoice finance and asset - based lending (ABL) industry in…


Spanish official credit institute opens Ђ30m credit line for...

The Spanish official credit institute with a credit line of 30m and the government of the Balearics are developing a…

#smes

Experian – new risk report for commercial credit granting

Experian, the global information solutions company, has unveiled The Risk Report a new online commercial risk report which sets new standards…

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