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Europe

Renault unit secures factoring deal from SocGen

French carmaker Renault has secured factoring services for Avtoframos (more…)

#bank#credit risk#risk

EBRD extends credit line to Armenian bank

The European Bank for Reconstruction and Development (EBRD) is extending a US$2.5m credit line to Armenia's Anelik Bank (more…)


Automotive business failures reach highest point so far

The automotive industry has seen a very poor start to the year as the first quarter of 2006 reveals a…

#bank#Bank of England#insolvency


Invoice finance boost for car MBO, 85pc advance promised

A management buy-out (MBO) by a former director of Carmasters Ltd, the automobile services group, has received support in the…

#Boost#cash-flow#invoice


One in three companies fail to confirm their credit...

The Better Payment Practice Group (BPPG) urges businesses to spring clean their credit management procedures, following a survey by the…


Close Invoice Finance rolls out Demica’s Citadel ID

Close Invoice Finance has announced the implementation of Demica's Citadel ID (more…)


Interest rate hike predicted

Norway's central bank Governor Svein Gjedrem reiterated yesterday that the bank's next rate rise would likely come (more…)


BoA provides Ј45m L/C, cash management deal for UK...

The business finance unit of Bank of America has provided £45m in senior credit to UK engineer Luxfer Holdings plc…

#bank#business finance#cash management


Banque Palatine could lose factoring and leasing divisions if...

Banque Palatine, the bank acquired in 2003 by French savings bank group Caisses d'Epargne from the Italian Sanpaolo group, is…


Bank of England signals interest rates rise

The Bank of England on Wednesday signalled the next move in interest rates was likely to be up as the…


GECF provides invoice discounting facility for Tarmac acquisition

GE Commercial Finance's Business Finance unit has announced a £3.75m invoice finance and cash flow package (more…)

#business finance#cash-flow#commercial finance


FDA research finds failure to find funding deters female...

Female entrepreneurship in London is being hampered by a perceived lack of funding, according to research by the Factors and…

Manufacturers optimistic about export prospects

Manufacturers' optimism about future export prospects has improved for the first time since July 2004 (more…)

#Boost#exports#Jobs

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