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Europe

GMAC Commercial Finance PLC appoints Business Development Manager

GMAC Commercial Finance Plc (GMAC CF) has strengthened its sales team with the appointment of (more…)

Siemens Receivables Finance reports strong demand for new block...

Only three months since the business was launched, 24 finance companies now have credit lines in place with Siemens, including…


OTP Group to set up factoring and leasing operations...

OTP Group plans to set up a new financial group in Ukraine in 2007 that will include factoring, leasing and…

#bank#insurance#leasing


Hitelgarancia reaches annual goals

State loan guarantee agency Hitelgarancia Zrt has met its full year guarantee taking target. Guarantees were issued in total value…


MPS Leasing & Factoring announces new director general

The board of directors of MPS Leasing Factoring made the decision on Friday (more…)

#leasing#MPS Leasing & Factoring#WHO


Coface Receivables Finance provides credit line for cash flow...

From a small office outside Cardiff a former electrical engineer is hoping to transform the way in which small businesses…


Dramatic increase in late payments – survey

Problems with late payments have increased sharply in the past 12 months, according to a survey by BACS, the electronic…

#interest#late payment#smes


Company winding up and bankruptcy petition court statistics for...

The Department for Constitutional Affairs (DCA) today published statistics for company winding up and creditors' and debtors' bankruptcy petitions issued…

#bankruptcy


UK interest rates increased to 5%

The Bank of England has increased UK interest rates to a five-year high because of inflation concerns. Its one quarter of…


Small firms claim late payment legislation is unusable

More than 90 per cent of small firms are failing to use their legal right to charge interest on late…

#bank#Bank of England#insolvency


Unsecured working capital finance launched

An SME finance provider has launched a cash flow product it says will allow companies to grow by releasing capital normally…

#bank#cash-flow#funding


Cattles Invoice Finance expands

Cattles Invoice Finance is continuing its Midlands expansion with the development of its senior management team (more…)

Full factoring deal for blind maker

Opal Contracts UK, a blind manufacturer based in Birmingham, has secured a funding line from Cattles Invoice Finance it says…

#Boost#cash-flow#funding

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