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Europe

Lloyds TSB Commercial Finance is runaway leader in asset-based...

Lloyds TSB Commercial Finance (LTSBCF) has confirmed its position as the leader in the UK's booming asset-based funding market, following a new survey by the Factors and Discounters Association (FDA). The survey states that LTSBCF has the largest market share...

#bank#business finance#commercial finance

Peak in negative corporate warnings has passed, but fears...

Negative corporate warnings have reached their peak, according to figures released today by KPMG Restructuring. UK businesses recorded a total…

#economy#management


Coface interim turnover rises

Coface, the French credit insurance company, has posted an 11.5% hike in consolidated turnover, to Ђ551.5m, for the first half…


Hansa's Lithuanian leasing and factoring arm passes into Hansabankas'...

An agreement between Hansabankas of Lithuania and AS Hansa Capital that came into effect on 18 August 2003 transferred the…

#funding#leasing


Economy slides into recession

Germany's economy shrank by 0.1 per cent in the second quarter compared to the quarter before, the state statistical agency…

#confirming#economy#Jobs


National bank criticised for cutting interest rates

Head of Norway's national bank, Svein Gjedrem, is criticised after another severe cut in interest rates on Wednesday, 13 August…

#bank#inflation#interest


New financing line for SMEs

The Agency for Small and Medium Enterprises (SMEs) and Banca Commerciala Romana (BCR) signed a contract for a new financing…

#Paid#smes#WHO


Forced administration on Union pojistovna insurer, Prague

The Finance Ministry imposed forced administration on the Union pojistovna (UP) insurer in order to protect clients' interests. Union pojistovna,…


Small firms told to face the factoring facts

Many small firms still view factoring or discounting with “unwarranted” suspicion, says John Twigg, chief executive of small business advisor,…

#bank#interest#small business


City Invoice Finance report profits up 59% in 2002,...

City Invoice Finance has reported a pre-tax profit of Ј479,835 for the year to 31 December 2002, an increase of…


SME Invoice Finance launches new website for SMEs and...

Dedicated to meeting the cash flow needs of small- and medium-sized enterprises (SMEs), SME Invoice Finance (SMEIF) has announced the…

#banks#cash-flow#invoice


Eurofactor UK named Top Import Factor in IFG poll

Members of the International Factors Group (IFG) have voted Eurofactor UK Limited number one Import Factor for customer service. Jan…

#conference#international#management

Non-reimbursable loans for SMEs in the second phase of...

The second appeal for recommendations of projects within the non-reimbursable financing plan for small- and medium-size enterprises (SMEs) was launched…

#European Commission#Jobs#smes

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