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Europe

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


New name for The Royal Bank of Scotland Commercial...

The Royal Bank of Scotland (RBS) has renamed its invoice finance business. The Royal Bank of Scotland Commercial Services will…

#bank#cash-flow#invoice


Manufacturers struggle as orders continue to fall and costs...

According to the latest quarterly survey of industrial trends by the CBI*, rising costs and weak demand have forced embattled…

#3M#exports#international


UK economy is getting back on its feet, says...

The UK economy is getting back on its feet showing signs of a modest recovery in 2006, according to the…


Experian report shows legislation fails to curb late payment

Nnew research published by Experian , the global information solutions company, has revealed that, seven years after the introduction of…


GE Commercial Finance closes acquisition financing for special situations...

The Business Finance solution consists of a confidential invoice discounting facility of £10 million. The acquirer, (more…)

Government to canvass liberalisation of factoring transactions

Russia's ministers met yesterday to canvass liberalisation of factoring transactions. Economic Development Minister German Gref, who calls for abolishing licenses…

#bank#banks#GDP

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