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Europe

CBI attacks 'confusing' government support for SMEs

The CBI has accused the government of letting down small- and medium-sized enterprises by spreading its £8bn business support budget across a conflicting and confusing array of support services (more…)

Government announces new Chief Executive for UK Trade &...

Jack Straw said: "UKTI's job is to sell to a global audience the very qualities that made us one of…


B&Q suppliers cannot use invoice finance without consent

 John Cleland, managing director commercial at B&Q, wrote to suppliers 10 days ago setting out the new terms. “I recognise…


Government finance boost for development of SME activities for...

The Finnish Government has allocated total financing of €132 million for development of the activities of small- and medium-sized enterprises…


Bill on export insurance with state subsidy signed

The Senate returned the bill, which will enable the sale of the subsidiary of the export guarantee and insurance company…

#Bill#Commercial Credit#exports


Small businesses let down by late payers

Ask many small businesses what their biggest problem is and they're likely to respond with: cash flow. They're working hard,…

#cash-flow#forum#small businesses


Fortis grows asset-based lending activity with new acquisition

The Lausanne-based company, which specialises in asset-backed financing, operates in the German, French, and Italian-speaking Swiss cantons (more…)

#acquisition#leasing


Atlantic RMS announces record year

Atlantic Risk Management Services Limited (AtlanticRMS), a factoring outsourcing specialist, completed around 850 audits during 2005, the company has announced.…


SME service, manufacturing and construction sectors rally in Q4...

The festive Christmas season helped to reinvigorate the UK growing business sector during the last quarter of the year, according…


Versailles fraudster fights to sell St Tropez villa

Carl Cushnie, the convicted fraudster and former Versailles director, has received a €19m (£13m) offer for his St Tropez villa…


Factoring industry salaries stay flat in 2005

Salaries for the receivables finance industry in the UK have remained flat throughout the past twelve months, a pattern likely…

#cash-flow#invoice#Paid


London Scottish Invoice Finance announces profits up 15%

London Scottish Bank yesterday announced a fall of almost 22 per cent in full-year profit. In the same period, profit…

#bank#debt collection#invoice

Non-bank factors regulated by emergency ordinance

The activity of non-banking financial institutions (IFN), including factoring companies, will be regulated through emergency ordinance and not by law…

#bank#bonds#guarantees

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