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Europe

New CEO at NLB Factor

The new chief executive officer and agent of NLB Factor was appointed at the end of 2005 having previously headed (more…)

#bank#international#management

SMEs are missing opportunities for reduced risk and more...

The survey also revealed that a third of business owners rely on banks because they lack knowledge of other funding…


Cattles Invoice Finance deal helps technology solutions firm expand...

"The funding from Cattles Invoice Finance will enable us to expand the business and look at developing our client base,…


ING to buy remaining shares of Handlowy-Heller in Poland

ING has agreed to buy all remaining shares in Handlowy-Heller, a leading provider of working capital finance and factoring services…


Construction suffers first fall in eleven years – Experian

Construction output fell in 2005, the first fall in the industry since 1994, bringing to an end the longest continuous…

#economy#GDP#i


Government loses ‘carousel’ fraud ruling

The UK government on Thursday faced the prospect of claims for refunds of value added tax and compensation running into…

#HMRC#interest#Two


AEB to provide US$3m to medium-sized enterprises in a...

The  Medium Sized Co-Financing Facility, which is designed to share the risk of lending to potential borrowers with local banks…

#3M#bank#banks


Three in ten companies have been to court to...

A survey among UK companies has found that three in ten have been to court in the last year to…

#bad debts#debt collection#management


Bank of England interest rates decision

The Bank of England left its main interest rate unchanged at 4.5 per cent today, the fifth consecutive month it…

#bank#Bank of England#exporters


Opportunity knocks to provide SMEs with the invoice finance...

Despite reports this year highlighting that cash advances made to UK businesses from invoice finance have hit an all-time high,…

#business finance#financial services#invoice


Cash Flow Protection & Flexible Financing: A Perfect Match

A recent survey by the Credit Management Research Centre at Leeds University found that 60per cent of UK businesses had…

#bank#insolvency#invoice


Czech factoring market up 5% in 2005

The Czech factoring market keeps growing, as factoring companies in the country financed (more…)

HVB Bank extends contract with European Investment Fund on...

HVB Bank Hungary announced it has extended its agreement with the European Investment Fund (EIF) (more…)

#bank#EIF#guarantees

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