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Europe

Pekao Faktoring greedy for growth

Although the company is the leader of the sector, it does not mean that it will grow faster than the market. As a consequence, Pekao Faktoring may increase its market share by at least (more…)

#acquisition#management

Fortis finalises the acquisition of Innotrade Leasing Rt. and...

Fortis has confirmedthat it has finalised the acquisition of the two Hungarian sister leasing companies, Innotrade Leasing Rt. and Takleasing…


IGF launches payroll service

Independent Growth Finance, the independent commercial finance provider, today announced the launch of its new payroll service, aimed specifically at…


Less than one tenth of invoices paid within 30...

Late payments are causing major problems for firms, imposing unnecessary administrative burdens and in some instances leading to insolvency, according…

#cash-flow#insolvency#invoice


Eurofaktor diversification strategy leads to profit slump

Eurofaktor, the only representative of the factoring industry on the stock exchange, made only ZL1.1m (euros 284,500) net profits in…


GECF deal for Notts firm

GE Commercial Finance Business Finance has provided an MBO-driven invoice finance and cash flow package to (more…)


Davenham poaches Chadwick from Lloyds TSB

Davenham Property Finance, part of Davenham Trade Finance, has appointed Darren Chadwick as business development manager for property in the…


Insolvencies in the second quarter 2006

Statistics showing insolvencies in the second quarter 2006 published by the Insolvency Service show company liquidations have decreased compared to…

#insolvencies#insolvency


Expanding floor-covering firm secures financial deal with Cattles Invoice...

Leeds-based floor-covering firm Johnson Flooring has secured a major new contract worth in excess of a million a year, with…

#cash-flow#funding#invoice


International Moscow Bank to implement FORPOST factoring software

Jet Infosystems is a system integrator and a supplier of key informational infrastructure components to large organisations and companies in…

#bank#banks#international


Davenham focuses on Yorkshire property finance

Davenham Property Finance, part of Davenham Trade Finance, has appointed Garry Biggin (more…)


GECF seals invoice finance deal for recruiter

GE Commercial Finance's Business Finance unit has announced it has provided a structured finance package (more…)

UK interest rates raised to 4.75 per cent

UK interest rates have been raised to 4.75 per cent by the Bank of England's Monetary Policy Committee (MPC). (more…)

#bank#Bank of England#inflation

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