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Europe

Trade finance has a new player

Venture Finance, the UK invoice finance provider, has launched Venture Trade Finance (VTF). Brian Colvill has been given the job of... (more…)

Manufacturing output up, but recovery fragile says CBI report

Manufacturing output in the UK picked up in the last three months, ending 18 months of weakness. But the upturn…


Credit risk wake up call as business failures keep...

The total number of business failures so far this year stands at 9,538, 8.9 per cent more than in the…


Banks becoming less important in financing UK exports, says...

UK exporters are turning away from their banks as a source of financial advice. The research found that only (more…)

#Atradius#bank#exporters


DBV-Winterthur and Atradius join forces

German insurance company DBV-Winterthur is to cooperate on the German market with Atradius, the credit insurance company. The collaboration sees…


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…

#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

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