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Europe

Versailles founder refuses to give evidence in trial

Carl Cushnie, the founder of collapsed FTSE 250 company Versailles Group, yesterday refused to take the stand and face questioning about transactions that fraudulently inflated the firm's turnover by more than Ј700m during the 1990s. Mr Cushnie pleaded not guilty...

London Scottish Invoice Finance 2003 profits down by 14.4%...

London Scottish Invoice Finance Limited, the factoring company formerly known as ISIS Factoring plc, has released its results for the…

#bank#invoice


Atradius joins forces with AON to offer SMEs credit...

Leading global credit insurer, Atradius, has just announced a partnership deal with Aon Receivables Management Services - one of the…


Commercial credit managers given boost – business confidence up...

Commercial credit managers have been given a boost by the news that business confidence has risen for the third quarter…


FDI in Poland up to US$ 6.42 billion

Foreign companies invested US$ 6.42 billion in Poland last year. The fall in foreign direct investment (FDI) stopped in 2003.…

#bank#Deutsche Bank#investment


Venture Finance profit surges in ‘difficult’ times for clients

Venture Finance plc have released their results for the year to 31 December 2003 showing a pre-tax profit of Ј6.20…

#economy#investment#trade


Survey finds SMEs optimistic but held back by red...

Results of a survey commissioned by leading invoice and asset-based financier, Venture Finance PLC, show that 73 per cent of…


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…

#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

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