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Europe

Chief executive of UK factor resigns ahead of interim...

Potential Finance Group plc, the UK finance company, says the benefits of a recent restructuring of operations first outlined last year, have been encouraging and are reflected in an improved trading performance. The commercial finance specialist said in a statement...

#commercial finance#factoring industry#interest

Equifax launches web-based debt and fraud tool for SMEs

Equifax Plc, the business information provider, has launched eDecision, an online credit application processing and scoring solution aimed at providing…

#Equifax#fraud detection#risk


Over a third of SMEs paid same invoice twice...

Many small businesses are throwing money down the drain by accidentally paying bills twice, with some companies losing up to…


Business failures fall to a six-year low

The number of businesses going bust is set to fall to a six-year low by the end of 2005 as…

#insolvency#international#International Trade


UK commercial finance firm shines

A key moment for any company is its move into profitability, a milestone that Dynamic Commercial Finance, the UK financier,…

#commercial finance#Paid


Ex-GE Capital manager heads new Midlands finance unit

Enterprise Finance Europe (EFE), the asset-based lending solutions group, is expanding with a new office in Birmingham. Coming up to…


Three new SME schemes launched in Malta

The Malta Enterprise Corporation (MEC) yesterday announced three new enterprise schemes to support small-and medium-sized enterprises (SMEs). The schemes, announced…

#bank#guarantees#investment


SME finance options improve – BoE report

The financial environment for small businesses has improved sharply over the past decade, with a wide range of financial options…

#bank#Bank of England#invoice


SMEs optimistic but fear further rate rises

Nearly seven out of 10 (69%) of businesses surveyed in the latest report from the Tenon Forum said that they…

#bank#forum#interest rates


Small Firm Loan Guarantee – FDA invites its members...

Due to new terms and conditions announced in November 2002 (which came into effect in April 2003) FDA members are…

#guarantee#small business


Trade credit insurance; the best defence against company identity...

IT Partnerships (ITP), a value added reseller (VAR)* of computer equipment, has warned that credit insurance is the best defence…

#insurance#software#trade


Proposed SME funding scheme comes under EU scrutiny

The UK’s proposed funding mechanism to improve capital funding for SMEs, to be called the Enterprise Capital Funds scheme, could…

Small business sector liquidity remains strong

Data on banks lending to and deposit taking from small businesses for 2003 showed a healthy picture in the sector,…

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