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Europe

When payment becomes a problem

The company, which turned over £380,000 last year to restaurants including Le Gavroche, the Dorchester and Claridges. Where the firm has encountered difficulties (more…)

#cash-flow#interest#invoice

Gazprom transfer Moldovagaz receivables debt worth US$1.2 bn

Gazprom has transferred its receivables from Moldovagaz for natural gas delivered in 1997-2004 worth US$1.2 billion to (more…)


SMEs slowly warm to factoring

Receivables finance is still in its infancy in the Ukraine, but an increasing number of small businesses are viewing it…

#bank#receivables#small businesses


Domestic factoring holds sway

Over 90 per cent of Slovenia’s factoring market is still domestic-based, despite the growth of international trade in recent years,…

#international#international factoring#International Trade


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…

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