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Europe

Charterhouse's factoring arm posts '05 loss

The factoring arm of Charterhouse Finance plc has posted a pre-tax loss of £224,736 for the period April 2004 to September 2005. The results up to 30 September 2005 showed income of £86,096. Charterhouse Commercial Finance (CCF) was launched in 2005...

#cash-flow#commercial finance#invoice

SMEs expecting strong sales growth – Business confidence survey

The Chambers Ireland/Irish Examiner SME Business Confidence Survey - Review 2005 and Outlook 2006 published today has found that (more…)


Nord/LB announces plan to enter factoring market

 We are mostly interested in small- and medium-sized companies, said Jaroslaw Dabrowski, the bank's CEO. We want to expand our…


Ashley Commercial Finance launches invoice finance service for security...

By 20 March 2006, all contract security officers, supervisors, managers and directors in the UK will need a licence for…


Venture Finance enters 2006 on a high

Venture Finance has built on the success achieved in 2005 with a new regional office and three new appointments (more…)


Euler Hermes' Hungary units see profits down

The Hungarian subsidiaries of Euler Hermes, a provider of credit insurance and manager of trade receivables, achieved consolidated after-tax profit…

#Atradius#exports#management


Euler Hermes grows turnover in key markets

Euler Hermes, the French credit insurance company, has announced that its turnover rose by (more…)


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…


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

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