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Europe

Lloyds TSB Commercial Finance funds Dantec buy-out

A Moreton-based manufacturer of specialist hose for the oil industry and Formula One racing has been bought by its management team. The deal was funded by the North West office of Lloyds TSB Commercial Finance, which provided asset-based lending facilities....

#commercial finance#management

UK companies amongst the worst late payers in Europe

Intrum Justitia, Europe’s leading credit management company, has provided further evidence of poor payment practices in the UK following the…

#late payment#management#payment practices


SMEs drew support of SKK3.042 billion

Small- and medium-sized enterprises (SMEs) obtained financial assistance totalling SKK3.042 billion over the second half of 2003. SKK2.215 billion was…


MNB cuts rate as government trims spending

Hungary's central bank (MNB) unexpectedly cut its benchmark interest rate a quarter-point, reducing borrowing costs for the second time in…

#bank#Boost#interest


New ECGD CEO announced

A City banker with a long track record in export and project finance, was today named as the Export Credits…


Atradius launches guide to help firms save lost profits

A free guide has been published to help firms save up to a third of their annual profits that is…

#Atradius#bank#invoice


Survey shows SMEs geared up for expansion

Small businesses will create more than 36,000 jobs this year, more than double last year's number, according to the Small…

#interest rates#Jobs#small business


GMAC Commercial Finance promotes sales director following significant business...

GMAC Commercial Finance Plc (GMAC CF) has today announced that it has promoted Phil Lammas to UK sales director for…


GE Commercial Finance Ltd appoints new regional director for...

GE Commercial Finance Ltd. (GECF), a leading UK provider of business finance solutions, today announced the appointment of Adam Wardle…

#business finance#commercial finance#corporate finance


Independent factor plans aggressive expansion strategy

Russia’s first independent professional factoring company has entered the market. The commercial bank, National Factoring Company Uralsib-NIKoil (NFC), was the…


FDI stock 31 billion euros

Total foreign direct investment (FDI) stock in Hungary has reached Ђ31 billion, says MNB’s managing director. Central Bank, MNB recalculated…

#bank#GDP#investment


Business confidence improves among SMEs

Perceiving a global recovery Hungarian firms are more optimistic regarding their business prospects and the country's economic situation in the…

New tax breaks for small firms

Small firms could miss out on financial savings because they are unaware of a new government tax incentive introduced this…

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