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Europe

Eurofaktor aims to double profit in 2004; seeks a...

Eurofaktor, a factoring company, is planning to purchase invoices worth over ZL1bn and to make a ZL6m profit in 2004. According to preliminary data, in 2003 the company made approximately ZL3m in net profit. The company purchased invoices worth ZL550m,...

#SAFE#WHO

Number of big fraud cases almost doubles

Britain's fraud boom accelerated last year as the number of big cases almost doubled, according to a report published yesterday.…

#frauds#i#international


World Bank launches Small Grants Programme

The World Bank Sofia Office has announced the start of its Small Grants Programme 2004 in Bulgaria. The Small Grants…

#bank#World Bank


I was deceived, says Cushnie

Lawyers for Carl Cushnie, the founder of collapsed FTSE 250 company Versailles, said the executive chairman had himself been deceived…


Banks ready to call in personal guarantees after ruling

Small-business owners who gave personal guarantees to banks as security from June 2001 and later went into liquidation face the…


Euler Hermes Collections appointed affinity benefit provider by British...

Euler Hermes Collections UK Limited, one of the UK’s leading commercial debt collection agencies, has been appointed the preferred affinity…

#debt collection#late payment#management


Fraud and insolvency – the insolvency practitioners’ powers to...

An article by James Earp, Partner, Grant Thornton Fraud and insolvency often go hand in hand with the perpetrators deliberately…


Survey reveals the untapped potential of credit insurance

UK companies using credit insurance may not be taking full advantage of the wider business benefits, according to a survey…


Fraud savings reach new high in 2003

The members of CIFAS have reported they prevented fraud losses of Ј487 million by sharing information on fraudsters through the…


Loan guarantee fund for small firms takes off

The Loan Guarantee Fund for small- and micro-enterprises (SMEs) employing up to 30 people, designed to help them overcome borrowing…


Independent Growth Finance capitalises on confidence

Further expansion is on the books for Independent Growth Finance (IGF), one of the country's leading independent invoice discounting and…


SME growth at highest levels for four years

Small- and medium-sized enterprises (SMEs) start the New Year on a high note having recorded the highest levels of business…

Natexis Banques Populaires' net banking income up 36%, factoring...

Natexis Banques Populaires has reported figures, based on estimates presented yesterday to the Board of Directors, showing net banking income…

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