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Europe

VR Leasing and VR Factorem register strong growth

Turnover of the group's subsidiary VR Factorem soared (more…)

Bad debt fears restrict exports as UK hits record...

The UK's annual trade deficit with the rest of the world hit a record high in 2006 at 55.8bn, up…


GE Commercial Finance provides receivables funding for MSP Ltd...

GE Commercial Finance's Business Finance unit provided receivables funding to MSP Ltd for their recent MBO. MSP Ltd, based in…


Red Castle Recoveries sold to Nordic invoice discounter

With operations in the Nordic countries, Gothia offers arrange of invoice discounting, debt purchase and collections services across the region…

#acquisition#debt collection#invoice


Allianz to close six Euler Hermes offices

Allianz, the German insurer, has revealed that it will close down six of the 17 offices of its subsidiary Euler…


Lancashire finance firms scoop top accolades

The Lancashire Dealmakers Awards annual ceremony attracted finance professionals from across the county to (more…)


National Factoring Company Issues Rouble-denominated bonds

Experts think rouble-denominated CLN are of interest to foreign investors and the issuer, in turn, has the chance to place…

#bank#bonds#interest


Venture Structured Finance funds Precision Engineering MBO

The management team at Precision Engineering Ltd (PEL) has acquired the business via an MBO. Funding was provided by Venture…


Ukraine 2006-2007- Positive environment for the factoring industry

One of the most noticeable trends in the Ukrainian financial market is the growing demand for factoring services. Ukrainian factoring…

#bank#exporters#international


Germany 2006-2007 – Factoring market in period of dynamism...

The German factoring industry is enjoying long-term consistent growth, averaging 18.5% per year since 2001. Though factoring is readily accepted as an…

#bank#commercial finance#Credit Agricole


Landsbanki Commercial Finance continues expansion in 2007 with six...

Landsbanki Commercial Finance (LCF) announces six new appointments to its team. Brent Osborne, managing director, celebrates the expansion: In the…


SME growth strong during last quarter of 2006 –...

The PKF SME Index, a quarterly survey of 800 SMEs in the construction, manufacturing and service sectors shows business activity…

Factoring market exceeds expectations in 2006

In the 2006 the Italian factoring market exceeded the Assifact initial projection of the end of September of cumulative turnover…

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