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Invoice financing provided to small- and medium-size enterprises (SMEs) rose towards the end of 2002, although the use of leasing by SMEs declined in the same period, according to the Bank of England's annual report Finance for Small Firms. By...
John Verrill, the president of the Association of Business Recovery Professionals(R3), the body representing insolvency practitioners and company doctors, slammed…
#banks#insolvency#Paid
Bankruptcy filings in Norway soared 41.3% during the first three months of 2003, compared to the same period last year.…
In a survey of 164 companies by Factors Chain International (FCI), Hansa Capital climbed nine places to number 43 in…
#international
An insolvency practitioner has lost his licence to practice after being convicted of conspiracy to defraud creditors. Sudhir Rishi, also…
#insolvency#trade#WHO
John Verrill, head of corporate recovery and partner at leading law firm Lawrence Graham, was today appointed president of R3,…
A small bank in Norway is suing accounting giant KPMG after losing NOK 125 million on the bankruptcy of factor…
#bank#bankruptcy#banks
As more eastern European countries prepare to join the European Union next year, Poland has become the UK's leading export…
#bank#exporters#International Trade
Despite a strong pound, weak stock market and the continuing political uncertainty in the Middle East, Britain’s export sector remains…
#business finance#exporters#exports
GMAC Commercial Finance, the UK's largest independent invoice finance and asset based lending specialist, has agreed to a Ј5m refinancing…
#cash-flow#commercial finance#funding
Key Points · Business confidence continues to deteriorate with half of SMEs less optimistic about business prospects. · 37% of…
Small businesses are better placed to survive the current downturn than they were during the last UK recession, according to…
Banco Comercial Portugues has reported net income for the first quarter of 2003 at Ђ95.6m, 36.7% up from the last…
#asset management#Boost#leasing