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Europe

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 in the High Court and county courts of England and Wales (more…)

#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


Active refinancing market helps slowdown in corporate insolvencies

The falling number of corporate insolvencies across the UK is no surprise and a trend that is set to continue…


Parmalat boss in the dock about Emilia Romagna Factoring

Calisto Tanzi, the former head of Parmalat, will have to answer questions about defrauding a Bolognaise factoring company of euros…


SME business confidence index improved in October

The business confidence index for small- and medium-sized enterprises (SMEs) was 40.4%, up by 4 percentage points in October (more…)

#economy#international#smes


Interview with Jana Nemeckova, chairwoman of Transfinance Factoring company

Jana Nemeckova became a chairwoman of the board of leading factoring company Transfinance a few weeks ago. In an interview…

#exporters#exports#international


Alliance & Leicester breaks into trade finance

Alliance and Leicester Commercial Bank has entered the trade finance arena with the launch of an online Letter of Credit facility.…


GMAC CF provides debt refinancing for CompAir

The European Structured Finance group at GMAC Commercial Finance (GMAC CF) has provided a global senior secured loan to support…

#commercial finance#funding#investment

Bibby reveals Walters for Sunderland team

Bibby Financial Services has announced the appointment of Julie Walters as business development manager in (more…)

#bank#Business Development Manager#financial services

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