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Changes made last year to Hungary's Bankruptcy Act will come into effect on 1 July. The amendments will make it harder for companies to escape their debtors, but it will also give troubled companies more time to (more…)
#bankruptcy#management#WHO
There is a perception in the turnaround and recovery profession that consulting with a credit insurer and highlighting that a…
#Allianz#banks#financial institutions
Potential Finance Group PLC said that Potential Asset Finance, its asset finance subsidiary, had had to absorb much of the…
#management
A new factoring company, founded by two individuals with several years' experience in the field, has recently been approved by…
Eurofaktor, which has focused on factoring services for big companies only, has acquired its first clients among SMEs and has…
#financial services#investment#management
Despite the costs of its parent company's merger with Credit Lyonnais, Eurofactor, the factoring subsidiary of French banking group Credit…
After spurning offers from the Dragons' Den panellists, he has received funding from Natwest and RBS Invoice Finance to help…
"We can forget the independent provision of financial services. It will be always harder to sell factoring as the only…
#bank#bank loan#financial services
A survey among UK companies by the Better Payment Practice Group (BPPG) has found that four out of five have…
#guarantee#management#Paid
Entrepreneurs have been warned to ensure they have enough cash to start in business, after a survey revealed 32 per cent…
Misu Negritoiu will become chief executive of ING Bank Romania as of 1 August, as well as chairman of the…
Coface UK, the credit solutions business, has appointed Gerry Donnelly as regional sales manager for its receivables finance direct sales…
Dreieck Industrie Leasing and the leasing subsidiary belonging to the Fortis Group in Switzerland have merged (more…)
#acquisition#leasing#management