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Hammonds Finance Law Department updates and reviews

Hammonds, formerly Hammond Suddards Edge, The UK-based commercial law firm, publishes quarterly updates of statute and case law relevant to the finance industry. Abstracts of the May 2003 issue can be viewed on factorscan.com UK in Depth, Articles section. To...

ISIS Factors report small reduction in profit in 2002

ISIS Factors, the London Scottish Bank owned factoring company, has reported a pre-tax profit of Ј937,913 in their annual accounts…


Latest research from Bibby Financial Services suggests business owners...

A quarter of small firms believe that the quality of service offered by their bank has deteriorated over the past…

#alternative funding#bank#financial services


Euler-Sfac forecast a rise in bankruptcies

The French credit insurance company Euler-Sfac said yesterday that the number of company defaults in France is likely to show…


Bank of Ireland cuts business charges

Bank of Ireland is extending its invoice discounting service to small businesses with a discount of up to 50% for…


Minimum capital, guarantee fund requirements for insurers raised

Lithuanian insurance companies will have to increase their authorised capital to at least Ђ1 million by July 2005 and to…


SME sector as the driving force behind economic growth

Serbian Assistant Minister of Economy and Privatisation, Blagoje Paunovic, said as part of the Strategy for the Development of Small…

#banks#economic recovery#guarantee


Euro Sales Finance appoints associate director for South-West and...

Euro Sales Finance (Euro Sales), a provider of bespoke invoice finance, announced today that it has appointed James Hester as…


Court ruling on syndicated loan case clarifies majority decision-making...

Redwood Master Fund Ltd (and 5 others) v. TD Bank Europe (and 2 others) In a recent case brought before…

#bank#risk


BDO Stoy Hayward Industry Watch analyses the latest business...

In 2002, a total of 19,928 businesses failed in Great Britain, the highest number of business failures recorded since 1994…

#cash-flow#GDP#international


NMB-Heller supports management buy out from Securicor plc

The management of Securicor Information Systems have completed a Ј20.5m management buy-out from Securicor plc using funding provided by NMB-Heller…

#funding#information systems#management


South East Growth Fund for SMEs fully operational

Small- and medium-sized enterprises (SMEs) in the South East of England have a new source of risk capital now that…

Small Business Minister launches GBP2.5m boost for East Anglian...

A new fund to provide finance for start-up and fast-growth businesses in the East Anglia region was launched in Cambridge…

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