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Europe

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, according to a survey. The research, commissioned by GMAC Commercial Finance, corporate funding specialists, found that on average companies with turnovers...

#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


Ireland needs a shake up in credit management

Ireland’s need to come out of the dark ages was what emerged yesterday at the Irish Institute of Credit Management’s…


Enterprise Finance Europe support expansion of MMF Group

Enterprise Finance Europe has provided asset-based funding for the Smethwick based MMF Group, which will allow MMF to expand further. …


FDA Announces 2004 Award Winners at Annual Dinner

This year’s themed Annual FDA Dinner was held at Excel in Docklands last Thursday and proved to be an immensely…

#awards#commercial finance#invoice


Late payments cost transport and communication businesses 46,440 hours...

The business services sector remains one of the worst hit for late payments, according to independent research carried out by…

#bank#commercial finance#invoice

Parex Bank seizes leasing opportunities in CIS countries

The Latvian bank Parex plans to exploit leasing opportunities in the transport sector by targeting the Commonwealth of Independent States. …

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