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Europe

Business failures up 8% in H1

Business failures in the UK rose in the second quarter of 2006 compared to the same period in 2005, bringing the total for the year so far to (more…)

MFB lowers rate on subsidised loans for SMEs

The Hungarian Development Bank Rt (MFB) announced it would lower the rate on special state-subsidised loans for businesses available under…


Company liquidations continue to rise in H1

The number of legal cases brought by Hungarian companies trying to collect overdue receivables increased by (more…)

#bankruptcy#receivables#risk


Regency Factors to make a move into trade finance

Regency Factors says it is to start offering trade finance products via two local subsidiaries JSM Finance and Cavendish Investments…


CBI report calls for long-term SME strategy

The Government has made significant progress in delivering better access to finance for small businesses but must develop a strategy…


Siemens: A new player in UK receivables finance

Siemens Financial Services, the asset finance unit of Siemens Group, has created a new business division to focus on invoice…

#Derek Ryan#financial services#invoice


UK publisher secures refinancing from GECF

GE Commercial Finance's Business Finance unit has provided a working capital finance package to UK publisher (more…)


Lloyds TSB CF claims factoring refund first

Lloyds TSB commercial finance is claiming a first for the UK factoring industry by offering new customers a full refund…

#bank#commercial finance#invoice


Construction, the late payment culprit says Venture

Building firms are the slowest settlers of outstanding invoices, according to a survey of recruiters (more…)

#invoice#invoice financier#late payment


Coface cuts liquidity rating of Hungarian companies

International ratings agency Coface has cut the liquidity rating of Hungarian companies from A2 minus to A3, (more…)

#international#liquidity#risk


Premium Factor IPO to raise zl.30-50m

Katowice-based factoring company Premium is planning to enter the bourse at the end of 2006 or at the beginning of…


Factor in Bank, Coface announce two-in-one factoring service

Polish factor, Factor in Bank, and Coface, the credit insurer, have linked up to provide a full factoring service for…

Davenham looks to Cheshire

Davenham, the finance provider for small business, has added a property specialist to its Manchester office with responsibility (more…)

#bank#small business

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