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Europe

Potential Finance restructures and introduces asset finance service to...

Against a backdrop of an extremely difficult market with less factoring lines being out in place than in previous years, according to FDA statistics, Potential Finance Group Plc has reorganised and restructured its' company to move forward in a more...

New law helps keep businesses alive

Businesses in the UK experiencing financial difficulties will have more chance of survival as a result of the Enterprise Act…

#cash-flow#insolvency#invoice


NMB-Heller Ј5.5m acquisition funding heralds bright future for West...

Leading asset-based lender, NMB-Heller, has provided a Ј5.5 million facility to assist in the acquisition of two divisions of West…

#asset-based lender#funding#invoice


Bank of England leaves rates on hold

The Bank of England left interest rates unchanged at 3.5 per cent on Thursday (9 October), an apparent sign it…


Exports to Europe lowest in four years

Britain's exports to the rest of the European Union fell to their lowest level in more than four years in…

#bank#Bank of England#exporters


Factoring to attract VAT in amendments to Act

A VAT Act amendment has passed into law that will increase VAT rates for selected services as of 1 January…

#debt collection#financial services#receivables


Sovereign rating rise to boost investment in few months

Russia could see a significant inflow of investments in just a few months because of the raise in its sovereign…

#Boost#investment#investments


Scottish SMEs receive Ј4m boost from Bank of Scotland...

Scottish SMEs received a major funding boost yesterday with the launch of a new Ј4 million investment pot. The fund,…


EBRD grants Alpha Bank Romania loan facility for SMEs...

The European Bank for Reconstruction and Development (EBRD) has granted a Ђ10 million loan facility to the Alpha Bank Romania…


Professional Staff completes public to private equity deal using...

Professional Staff Ltd, the international staffing and recruitment specialist has completed a public to private equity deal, using an 'industry…

#commercial finance#funding#international


Industry trends survey reveals desire for factoring services and...

The findings of the recently announced Industry Trends Survey (ITS) are not as upbeat as those in the preceding edition,…


Government will cut corporate tax rate

In a bid to lure more foreign investment, the government announced plans on Monday (6 October) to cut the corporate…

Central Bank leaves rates unchanged

Yesterday the monetary council of the National Bank of Hungary left the central bank base rate, which equals the key…

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