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Europe

Polfactor punches above its weight

Polfactor, the Polish factor, has been noted as top factor in its country, based on a poll of members of the Factors Chain International (FCI). (more…)

#international

Profitability of UK firms

The slight increase in profitability in the first quarter suggests that businesses might be starting to feel the benefits of…

#bank#Deloitte#exports


GECF provides invoice discounting for MBO support

GE Commercial Finance has provided an invoice discounting and senior debt package to support the management buy-out (MBO) (more…)

#commercial finance#invoice#management


Germany sees further improvement in insolvencies

Economic recovery in Germany is also being reflected in the number of corporate insolvencies, which will continue to fall in…


Enterprise Finance Europe receives award

Enterprise Finance Europe (EFE), the UK asset-based lender, has been named Asset Based Lender of the Year at (more…)


New build for Davenham's property finance unit

Davenham, the finance provider to the small business sector, has added a property specialist to its five-strong team of asset-based…


Lloyds TSB CF announces raft of factoring tie-ups

Lloyds TSB Commercial Finance has completed four deals this month (more…)

#cash-flow#commercial finance#funding


Finance House Base Rate unchanged at 5%

The Finance House Base Rate (FHBR) for July 2006 remains unchanged at 5.0% (more…)


Factoring licenses may be abolished

The RF Duma is considering an amendment to the Civil Code that, if ratified, will resolve an inconsistency in Russian…

#credit risk#receivables#risk


Intermarket takes 50% hold in Compania de Factoring

Intermarket Bank, the Austrian finance provider, has secured a 50 per cent share in Romania's (more…)


Fortis appoints country manager for Russia, targets export finance

Fortis has appointed Maarten Pronk country manager for Russia (more…)

#bank#ING#international


GECF provides confidential invoice discounting, trade finance package

GE Commercial Finance's business finance unit has completed a £450,000 invoice discounting and trade finance deal for (more…)

#business finance#commercial finance#credit protection

UK export markets show trading conditions best for six...

A new measure of the health of UK export markets shows trading conditions to be the best for six years,…

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