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Europe

BRD announce first 5 months volume figures

In the first five months of the year the volume of domestic factoring operations of BRD – Groupe Sociйtй Gйnйrale exceeded Ђ12 million, the bank announced. BRD – Groupe Societe Gйnйrale introduced domestic factoring to their product range in early...

#bank#insolvency#management

EIB lends 70 million euro for small businesses

The European Investment Bank (EIB) granted a loan on 6 July of Ђ70 million to Italian bank Banca Sella and…


Venture Structured Finance provide asset-based funding for freight and...

Venture Structured Finance PLC, the Cambridge-based asset-based lender, has provided funding for the takeover of pioneering global freight and logistics…

#asset-based lender#Clear#funding


Graduate start-ups fall behind European and the US

A country's record on business start-ups is usual seen as a key indicator of the economy's health. But when it…


Welsh SMEs urged to tap into Ј1.2m funds

Funding for small- and medium-sized businesses is being launched on Anglesey. The Ј1.2m Business Development Fund (BDF) aims to strengthen…

#funding#i#investment


Dynamic accuses hostile bidder

Dynamic Commercial Finance, the Aim-traded factor and invoice discounter, has accused its hostile bidder of trying to gain control on…

#asset management#bank#commercial finance


CBI and IoD welcome BoE interest rate freeze but...

Reacting to the Bank of England's decision to leave interest rates unchanged, CBI chief economic adviser Ian McCafferty said: "The…

#bank#Bank of England#inflation


Profits show steep decline at RDM Factors

RDM Factors has reported a 38 per cent fall in full year net profits for 2003. The independent UK factoring…


BoE leaves rates on hold; manufacturers pleased but fear...

The Bank of England has decided to leave interest rates at 4.5 per cent for July. Rates were left unchanged…

#bank#Bank of England#inflation


Alpha Bank reports 34pc increase in factoring

Alpha Bank, the Greek finance group and owner of the country’s largest factor – ABC Factors – has reported a…

#bank#smes


Commercial finance portal appoints relationship manager

Xbridge, the commercial finance portal, has appointed an e-commerce manager to oversee relationships between mid-market clients, factors, asset finance providers…

#banks#channel#commercial finance


Chasing unpaid invoices – advice on hand from payments...

The Better Payment Practice Group (BPPG) has provided new guidance for businesses struggling to get paid by customers who seem…

Interest rate hike will wreck SME growth, finds UK...

Small businesses fear that further hikes in interest rates will prove disastrous for their firms, according to UK factoring and…

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