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Europe

Optimism still high among small businesses

Confidence remains high among small UK businesses, but owner-managers are generally less optimistic than a year ago and the number of bankruptcies is forecast to increase. These are the findings of two separate surveys, published today. Almost three-quarters of small...

#bank#interest rates#small business

Michelin supporting SMEs

The Hungarian units of Europe's biggest tyre maker, Michelin, has started up the Economical Development Kht fund with the aim…


Management buy-out at timber firm

A timber importer in Wisbech plans to build a hi-tech operation after a management buyout financed by Lloyds TSB's Corporate…


Alliance & Leicester Commercial Bank opens new business centre

Alliance & Leicester Commercial Bank opened its new business centre yesterday, in Manchester. The Business Centre, based at 298 Deansgate,…

#bank#commercial finance#financial services


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.…

#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…

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