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Europe

Record profit for Venture Finance in 2005

Last year proved extremely successful for invoice and asset-based financier Venture Finance, which today announces record pre-tax profits of (more…)

#bank#funding#guarantee

SMEs to have better prospects

Over the past few years the credit volume of small- and medium-sized enterprises (SMEs) has soared. In 1999, SMEs had…

#smes#WHO


Bankruptcy rate at record high

A survey by Creditreform-Interinfo, shows that the rate of bankruptcy, including liquidation procedures called by creditors, was about (more…)


Factoring turnover doubles in two years

Over the past two years, the turnover of factoring went up 2.1 times, from LTL 2.672 bn in 2003 to…


FDA launches industry overview, 'Cashflow Finance'

The Factors and Discounters Association (FDA) is pleased to launch their new industry overview book Cashflow Finance... (more…)


CIFAS and credit reference agencies declare strong joint commitment...

CIFAS is the UK's fraud prevention service with over 240 member organisations spread across banking, credit cards, asset finance, insurance, factoring (more…)

#Fraud Prevention#frauds#insurance


Cash flow 'main driver' in killing '15,000' small firms...

The Forum of Private Business (FPB) is warning small firms to improve their credit checking procedures or face potentially devastating…

#3M#cash-flow#forum


Rising costs and weak demand squeezing smaller manufacturers –...

The sustained high price of oil is forcing up costs for smaller manufacturers while their selling prices are held down…

#bank#Bank of England#interest rates


Davenham celebrates three years in Birmingham and increases specialist...

Davenham, the specialist lender to the small- and medium-sized enterprise (SME) market has seen a 35 per cent jump in…


Company winding up and bankruptcy petition statistics fourth quarter...

The Department for Constitutional Affairs today publishes statistics for company winding up, and creditors' and debtors' bankruptcy petitions issued in…

#bankruptcy#insolvency#Two


RBS invoice finance facilitates haulage firm’s expansion

South Yorkshire-based road haulage business, E Pawson Son, has bought RCS, a storage contractor leasing out warehouses, as part of…


VR Leasing factoring turnover up 27% in 2005

VR Leasing, the subsidiary of German co-operative bank DZ Bank, recorded a 16.6 per cent increase in operating profits to…

Securitisation market in the doldrums

According to Moody's, the US investor services company, the value of France's securitisation transactions fell last year by more than…

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