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Europe

Hidden cost of bad debt costs UK businesses billions

The time spent chasing late payment and the effect of dealing with bad debt is costing UK SMEs an estimated 286 million man hours and nearly (more…)

#bank#financial services#late payment

Bibby Sunderland operations promotion announced

Bibby Financial Services, a global provider of business cash flow solutions has announced the promotion to Head of Operations at…

#cash flow solutions#cash-flow#financial services


Davenham Group plc preliminary results

Davenham Group plc, a leading independent asset-based lender to the UK SME sector, has announced its preliminary results for the…

#3M#asset-based lender#interest


DnB Nord announce factoring operation launch in Q4

DnB Nord, formerly known as Nord/LB, generated a net profit of zl.16.8 million during the first three quarters of the…


Czech Factoring Association announces turnover H1 2006

The Czech Factoring Association has announced members turnover for the first half 2006. The association reported total turnover of its…

#Two


Eurofactor secures German Global Resources factoring contract

Eurofactor, the factoring subsidiary of French bank Credit Agricole, will, in future, provide factoring services for the German subsidiary of…


Manufacturing recovery fades – CBI

Momentum in the UK manufacturing sector faded over the past three months as overseas demand levelled out and the decline…

#exports#innovation#investment


Graydon Cashflow Solutions appoints operations manager

Graydon Maxcredible Limited trades as Graydon Cashflow Solutions and is a joint initiative between Graydon UK and Dutch based MaxCredible Holding…

#cash-flow#insolvency#management


Business survey reveals struggle to maintain turnover in 2007...

The biggest challenge for 63% is simply maintaining their current level of turnover. With four in 10 (41%) predicting they…

#cash-flow#financial services#late payment


Business failures fall but still up on last year

For the first time in two years, business failures are in decline according to the latest figures from Experian, the…

#Clear#insolvency#leasing


GMAC CF cuts pricing on non-recourse deals

GMAC Commercial Finance (GMAC CF), the asset-based lender, has said it will take pricing down to (more…)


Factoring makes up 11% of all short-term finance, says...

Factoring makes up over one in ten of every short-term finance products sold by Italian banks, according to Corrado Faissola,…

SANYO instructs credit insurance claim after buyer goes bust

SANYO, the consumer and commercial electrical products maker, has had a credit insurance claim settled after the unexpected collapse of…

#insurance#Paid#trade

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