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Netherford Factors announces increased factoring income in 2003-04

London-based Netherford Factors Ltd has announced an increase in factoring income of 6% for the year to 30 June 2004. The company has reported a pre-tax profit of Ј5,191 for the twelve months to 30 June 2004 (Ј3,089: 2003), on...

#banks#digital#economy

D.S. Factoring reports record revenues in 2004

D.S. Factoring, the receivables administration specialist, has announced increased revenues totalling CZK1.4 bn (Ђ47m) in 2004, a year-on-year increase of…


Euler Hermes acquires full ownership of Belgian unit

French credit insurance group Euler Hermes (EH) has bought the remaining 30 per cent stake in its Belgian unit, Euler…


Many small companies unhappy with bank

A third of all small businesses are considering changing their bank because they are unhappy with service levels, according to…


Factoring has not yet reached its full potential

Factoring companies are not new to the Czech market, having been active since the early '90s. However, experts say that…

#banks#exports#GDP


KUKE doubles credit insurance volume in 2004

Demand for credit insurance policies is growing. The Corporation for Export Credit Insurance (KUKE) insured $2.55bn worth of exports in…

#export credit insurance#exports#insurance


Coface UK launches dedicated risk information centre and regional...

Coface UK, a leading provider of credit solutions for business, has officially launched its Birmingham office as a new dedicated…

#management#risk


Venture Finance launches new service for SMEs

Today, Venture Finance becomes the first asset-based lender to launch an automatic additional finance facility for its invoice finance clients.…

#asset-based lender#cash-flow#Funding Options


France leads Europe in entrepreneurship revival

On the face of it, there is little to suggest France is experiencing the surge in entrepreneurship that Europe needs…


Fortis appoints new Country Manager for Poland

Fortis has announced the appointment of Alexander Paklons as country manager for Poland. Alex Paklons was formerly director marketing personal…

#bank#international#poland


Minister promises aid to small businesses

The government plans help small- and medium-sized companies by cutting expenses and aiding exporters to boost their share of gross…

#Boost#conference#exporters


NBS lowers key interest rates

The Slovak central bank (NBS) board has cut its key interest rates. As a result, two-week repo tenders will, as…

Ultimate Finance Group expects turnover to increase

Ultimate Finance Group expected to be in profit within the year as it unveiled a 79 per cent rise in…

#banks#invoice#working capital

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