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Small Business Service to lose most of budget in...

The government agency with a remit to foster the growth of small business in Britain is facing substantial cuts, it emerged yesterday. The Small Business Service, set up in 2000 to encourage and support entrepreneurs (more…)

#FSB#small business#small businesses

Unicredit to announce Pekao's new managing board

Italy's Unicredit will soon announce the make-up of the managing board of the Pekao bank after its merger with Bank…


EBRD loan to support micro enterprises

The European Bank for Reconstruction and Development (EBRD) is lending to Mikrokreditna Organizacija EKI, the third-largest non-bank micro finance institution…

#Access to Finance#bank#microfinance


Factoring is booming at Ultimate Finance

Factoring group Ultimate Finance has unveiled a huge rise in profits. The Bristol firm clocked up a pre-tax earnings of…

#banks#invoice


CBI forecasts better growth in 2006 – slowing next...

The UK economy has continued to pick up in the second quarter of 2006, with surprisingly robust GDP growth of…

#bank#Bank of England#exports


KFW to lend US$20m for Promsvyazbank SME financing programme

Germany's Kreditanstalt fur Wiederaufbau (KfW) has signed an agreement to lend Russia's Promsvyazbank US$20m over seven years to finance small-…


New players help factoring market up to E1bn

ING Commercial Finance, the specialised factoring service division of the ING Group, will mainly target small entrepreneurs and focus on…


Close Invoice Financing launches IDeal for SME users

Close Invoice Financing, a subsidiary of Close Brothers Group, has launched a new invoice financing system it says can work…

#financial services#invoice#Sage


Firm's expansion plan packs a punch with asset-based finance...

A rapidly expanding Hereford packaging business is on target to take sales past half a million after securing a clutch…


Turnover for Italease Factorit up 32 per cent

The factoring unit of Banca Italease, the asset finance group, achieved a turnover of euro 7.6bn for the six months…

#factoring industry#international#non-recourse factoring


Barclays Asset and Sales Finance announces new director appointments

Barclays Asset and Sales Finance has made a number of new appointments to bolster its presence across the UK. Specifically…


IGF appoints Head of Client Relations, South East

Independent Growth Finance (IGF), a leading independent provider of finance for businesses, has announced the appointment of (more…)

MPS Leasing & Factoring gross profit leaps in H1...

MPS Leasing Factoring can boast one of the best performances within the Monte dei Paschi di Siena group and keeps…

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