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Europe

European funding to redress SME funding gap in South...

The European Objective 2 Programme for the South West has made its biggest grant to date, contributing Ј9.6 million towards Finance Southwest Ltd, a new business loan and venture capital company. The total investment of Ј21.8 million should bring major...

Polish unit of Austrian bank Raiffeisen secures Ђ165m loan...

The Polish unit of Austrian bank Raiffeisen secured a Ђ165m syndicated loan to finance its growth in small-and medium-sized enterprise…

#3M#bank#i


Independent Growth Finance appoints new Finance Director

Independent Growth Finance (IGF), one of the country's fastest growing business finance providers, has strengthened its management team after appointing…

#business finance#financial services#IGF


The future is bright for NACFB ‘Factor of the...

The Cattles Invoice Finance group recently announced a pre-tax profit of Ј2.81m for the year ended 31 December 2003 (see…


MFB introduces HUF 100bn in new low-cost loans to...

The state-owned Hungarian Development Bank (MFB) will make another HUF 100bn in low-cost loans available to small businesses and local…

#bank#investments#risk


Independent Growth Finance appoints new Regional Sales Manager

Companies in North Kent and Essex now have access to expert invoice finance and cash flow advice following the appointment…


Factoring in success

Poland's largest non-banking factoring company, Eurofaktor, has completed subscriptions for its Warsaw Stock Exchange debut, set to take place within…

#investment#poland


Invoice errors cost firms time and money – Atradius

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

#Atradius#cash-flow#international


Minister announces financial support for small businesses in 2005

“The programme of support for small business will be started in 2005,” Andrei Sharov of the Ministry of Economic Development…

#bank#bank loan#interest rates


BPU sells its stake in leasing and factoring divisions

Banche Popolari Unite Scrl (BPU) has agreed to sell its 50% stake in ABF Leasing SpA to Banca Popolare dell'Emilia…

#interest#leasing


Reform of financial regulation for small firms looking for...

The Government today announced the outcome of its review of the regulations facing small firms and their 'business angel' investors.…

#Access to Finance#financial services#funding


IGF and DCF announce merger timetable and new board...

Having completed a review of both the Independent Growth Finance (IGF) and Dynamic Commercial Finance (DCF) operations the board has…

Decline in corporate failures slows but administration orders rise...

Over 12,000 limited companies have failed so far in 2004, a failure rate of 64 companies per day, according to…

#financial services#insolvency#insurance

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