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Europe

Asset-based lending on the up according to LTSB Commercial...

More businesses are borrowing using asset-based lending (ABL), according to new statistics from Lloyds TSB Commercial Finance. The company increased the number of borrowers taking out loans against their assets, including debtors, stock, property and/or existing plant and machinery, to...

#commercial finance#funding#invoice

SME’s are the backbone of the EU’s economy

European Union ambassador to Malta Ronald Gallimore yesterday said that small- and medium-sized enterprises (SMEs) were the backbone of the…


Ultimate Finance to raise Ј495,000 via share placing

Ultimate Finance Group PLC, which provides cash flow funding for small to medium-sized businesses, said it will raise around Ј495,000…


SME sentiment indicator remains stable

French business sentiment remained stable in March compared with a month earlier, according to a survey of around 450 small-…

#investment#smes


No improvement in plc payment performance

The payment performance of over 2,700 plcs, including some of the UK's largest household names, has been published by the…


Atradius opens branch in the Czech Republic

Atardius started operating officially in the Czech Republic yesterday. “We see enormous growth potential on the Czech market as the…

#Atradius#bank#Deutsche Bank


UK corporate profitability achieves best results since 2000 –...

UK Corporate profitability during 2003 has returned to levels last seen at the tail end of the dotcom boom in…

#exports#interest#interest rates


National Bank cuts interest rate

The National Bank of Hungary (MNB) cut its benchmark interest rate to 12 per cent, down from 12.25 per cent,…

#bank#European Commission#GDP


Parex Bankas forecasts falling profits; will focus on SMEs...

Latvian-controlled Parex Bankas projects a LTL 4.9 million (Ђ1.4m) profit this year, a 19 per cent drop from LTL 6…

#bank#smes


DCD Factors report turnover up 7% in 2003

DCD Factors plc, the London-based factor and invoice discounter, has released results for the twelve months to 31 December 2003…

#bank#invoice


Raiffeisen Bank deal for SMEs

Raiffeisen Bank and the European Investment Fund (EIF) have signed a Ђ40m accord to guarantee loans for Romanian small- and…


Venture Finance expands with launch of Newcastle office

Venture Finance PLC, the asset-based financier, today extends its support for small- and medium-sized companies (SMEs) in the North East…

#insolvency#invoice#management

Scotland’s new debt register costs revealed

Scotland's new Debt Arrangement Schemes will protect creditors from judgment enforcement except in special circumstances. The schemes will apply where…

#WHO

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