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Europe

Business Development Manager joins Venture Finance's London office

Asset-based financier Venture Finance today announces that Kevin Connery is joining the team, as business development manager covering Surrey and South London. With seven years industry experience and first-hand knowledge of the area, Kevin is the ideal choice for this...

#bank#banks#funding

Malcolm Gilbey joins Charterhouse Group International

Leading factoring consultant Malcolm Gilbey MCIM has joined Charterhouse Group International as chairman of Charterhouse Commercial Finance Plc (CCF). Malcolm,…

#commercial finance#international#invoice


SME's continue to suffer slow payment pains

The so-called “British business disease” of slow payments seems to have become an epidemic in recent years, if the increasing…


Uralsib gets US$40m EBRD credit for SME lending

The European Bank for Reconstruction and Development (EBRD) has issued the bank Uralsib US$40m (Ђ31m) for its lending program for…


CSOB Leasing expects contracts worth SKK 7.251bn for 2004

Leasing company CSOB Leasing estimates the number of contracts concluded this year at 8,700. Their total acquisition price should be…

#acquisition#leasing


Deutsche Bank to conduct more business with SMEs

Deutsche Bank, the largest bank in Germany, is planning to conduct more business with small- and medium-sized enterprises (SMEs). Over…


Small businesses reject chancellor

Despite prime minister Tony Blair's pledge to put small business at the top of the agenda at the last Labour…

#bank#cash-flow#conference


Raiffeisenbank gets Ђ10m credit line to fund SMEs

Raiffeisenbank Bulgaria received a Ђ10m credit line to finance the small- and medium-sized enterprises (SMEs). The funds are provided by…

#bank#investment#smes


EBRD supports SMEs in Moldova with US$5m loan

Entrepreneurs across Moldova will gain more access to finance following a US$5m loan from the EBRD to Moldindconbank (MICB), one…


Eurofaktor to debut on Warsaw Stock Exchange

Eurofaktor, Poland's fifth-largest factoring firm plans to float over 2.4 million shares. At the same time the company's management, following…

#management#poland#trade


Insurance expert predicts rise in company insolvencies in coming...

Experts at credit insurer Euler Hermes expect a 0.8 per cent rise in company insolvencies to 38,000 in 2005, following…


Eurofaktor increases 2004 forecast

Eurofaktor, Poland's biggest non-banking factoring company, has increased its net profit and turnover forecast for this year. Having taken into…

#3M#poland

Invoice errors cost firms time and money

Thousands of British firms are not getting paid on time because they make basic mistakes on the bills they send…

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