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Europe

Fortis Commercial Finance uses strong parent to turn profits...

For the year ending 2004, Fortis Commercial Finance reported a pre-tax profit of £709,041, which although not huge is more potent given the fact that at the same period in 2003, the company was operating at a £650,000 loss.  Indeed...

#bank#commercial finance#international

SMEs should get tough with late payers, says Bibby

Small businesses should apply tougher measures to help them overcome problems with late payment, says Bibby Financial Services.  According to…

#bank#Bank of England#invoice


Low interest rates are forcing banks to lend more...

Low interest rates are forcing banks to lend more to consumers and small businesses. The turnaround in the banking sector…

#bank#financial services#interest rates


New secretary general appointed at International Factors Group

The board of the International Factoring Group(IF Group) has appointed a new secretary general following the impending departure of Jan…

#BCR Publishing#international#international factoring


One in seven businesses fear negotiating terms – Better...

The Better Payment Practice Group (BPPG) survey has found that one in seven businesses is more afraid of negotiating terms than…


GMAC Commercial Finance survey finds 'Cheque in the post'...

The UK's four million small- and medium-sized companies (SMEs) spend a total of 11.5m hours every week chasing unpaid invoices,…

#commercial finance#forum#management


National bank cuts base rate

The monetary council described the current inflation trends as (more…)

#bank#inflation#interest


Factoring companies to enter Czech Leasing and Financial Association

Members of Czech Factoring Association that combines the biggest factoring companies offering factoring services decided to enter the Czech Leasing…

#interest#leasing#Two


High-flying deal specialist joins Enterprise Finance Europe

Enterprise Finance Europe (EFE), one of the UK’s leading asset-based lenders, has recruited an economics graduate from Cambridge University to…


Lloyds TSB Commercial Finance funds MBO and acquisition of...

United Agri Products Limited (UAP), a leading supplier and distributor of agrochemicals to farmers and growers across the UK has…

#commercial finance#international#management


Bp Bank offers new credit products for SMEs

Budapest Bank Rt's (Bp Bank’s) corporate division announced the introduction of new products targeted at small businesses with annual revenue…


Bulgarian government hires foreign factoring company to recover debts

The Bulgarian government has been advised by Parliament to acquire the services of a foreign factoring agency to recover debts…

#funding#management

Romanian Bank for Development nets profits from domestic factoring...

Factoring activities of the Romanian Bank for Development (BRD) have increased by 200% in comparison to the same period last…

#bank#insolvency#international

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