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Europe

Internet and e-business – new opportunities for fraudsters.

In 2006 277 major fraud cases, totalling 837m, went before the courts. While the majority of these cases related to big business, SMEs and owner managed businesses were (more…)

Cyprus 2006-2007 – EMU entry positive for factoring

The entrance of Cyprus into the European Monetary Union (EMU) by 1 January 2008 will probably have a positive impact…

#bank#financial services#interest rates


Venture profits soar as finance clients back debt protection

Invoice and asset-based financier Venture Finance has unveiled an end-of-year 23% hike in profits to 14m. And in 2006, Venture…


Topaz creates new link with leading invoice discounting technology...

Accounting software company Topaz has partnered with the developers of invoice discounting technology product - Credit IQ - to create…

#invoice#management#risk


Half of SMEs need to get more value from...

New research by KPMG has found that around half of SMEs are not extracting the value that they could from…


Bulgaria state-run mega bank to guarantee SME loans

The Bulgarian government has made big headway on an initiative for the creation of a state-run investment bank, which will…

#bank#banks#funding


EU accession means factoring on the rise

According to the Slovak Factoring Association (ASF) 64 per cent of factoring companies clients are SMEs. EU accession, which is driving…


Credit Europe Bank approaches SMEs through regional centres

Credit Europe Bank, the former Finansbank, intends to attract 6,000 clients this year on the segment of small and medium-sized…


Venture Finance backs GBP3.4m deal for Leicester metal fabricator

Central Metal Manufacturing Limited, formerly Midland Sheetmetal Limited, was bought as a going concern in a 3.4 million deal backed…


Davenham widens its geographic reach

Davenham Trade Finance, the asset based lender, has made moves to widen its geographic reach and get closer to its…

#Business Development Manager#trade#Two


New Player Arrives on Slovakian Factoring Market

A new factoring company has recently entered Slovakia's factoring market. Cash Reform Factoring, is a 100 percent subsidiary of the…


Bibby announces new group sales director

Bibby Financial Services, a global provider of business cash flow solutions is pleased to announce it has promoted David Arthur…

Euler Hermes factoring and credit insurance revenue up 22...

Euler Hermes' credit insurance and factoring units in Hungary had combined revenue of HUF 2.8bn in 2006, 21.7 per cent…

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