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Europe

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 prospect of the banks now calling in those guarantees, after a landmark ruling in the High Court. The ruling, in...

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…


Small businesses and the brick wall of accounts department...

From Mr Morgen Witzel Sir, Your article "Companies resort to hard line on late payers" (21 January) on late payment…


Government adopts programme to fight money laundering

The Ukrainian government and the National Bank have endorsed a programme for 2004 on fighting the legalisation of income obtained…

#bank#guarantee#international


Bibby Factors Bedford appoints new business finance executive

Bibby Factors Bedford, the leading provider of business cashflow solutions, is pleased to announce the appointment of Chris Hardy as…

#business finance#financial services

SME new appointments to bolster growth in 2004

SME Invoice Finance has announced the appointment of Simon Walker as development director. Working closely with a well-established team, he…

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