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Europe

Parent sells factor

Merloni Elettrodomestici (electrical appliances), will sell out Faber Factor, a factoring company half-owned by Merloni Elettrodomestici and the remaining half by Fineldo, (the family's holding company). Vittorio Merloni confirmed that the Marche-based company will not keep its 20% stake of...

#funding

SMEs operating in industry and services on increase

Small- and medium-sized enterprises (SMEs) acting in industry and services have been on the increase, unlike SMEs dealing in trade,…

#funding#international#smes


The Lloyds TSB Small Business Guide 2005

Since 1987, over 1.5 million UK entrepreneurs have used Sara Williams' Lloyds TSB Small Business Guide to help make their…

#cash-flow#small business


Citibank targets SMEs

Citibank’s corporate credit manager in Greece, D. Anagnostopoulos, believes the bank can triple its business with SMEs. Despite representing an…

#bank#information systems#risk


Top 100 firms slightly less optimistic in August

While continuing to perceive improving trends in the domestic and global economy, large Hungarian firms have somewhat tempered their optimism…


Positive watchlisted for Poland by Coface

The Coface Group, as one of the worldwide leader in credit insurance, certifies Poland in an actual country rating as…


Grow your own company the equity finance way!

Raising equity finance for SMEs will come under the spotlight at a major business finance conference in Newport next month.…

#bank#business finance#conference


Yorkshire Bank appoints new invoice finance sales manager

Keen amateur actor Kelly Hamill is now treading the boards at Yorkshire Bank after being appointed sales manager for invoice…


Eximbank launches autumn campaign to support exporters

Romania's Export Import Bank, Eximbank SA, launches on September 1 the autumn campaigns designed to support exporting business operators. Facilities…


Factors, asset financiers to receive online fraud warnings

The 240 member organisations of CIFAS, the UK fraud prevention service established by credit lenders in 1988, will soon be…

#economy#Fraud Prevention#UK economy


CBI Chief urges Bank not to overdo interest rate...

The CBI has reduced its forecast for economic growth next year, saying high oil prices are likely to hit world…


Q2 2004 factoring figures for Ireland released

The popularity of factoring and invoice discounting as a financing option in Ireland has continued to grow as industry turnover…

#invoice#receivables

Factor to be listed on Warsaw Stock Exchange

A Silesian factor is planning its debut on the Warsaw Stock Exchange (WSE). "We will be the first factoring company…

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