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Tenon Group, the UK accountancy and corporate recovery specialists, published their preliminary results statement declaring a pre-tax profit of Ј4.3m. Reference was made to the Company's restructuring of its corporate finance activities into a cohesive division integrated within the Tenon...
Small firms are still being caught out because they offer longer credit periods to customers than they receive from their…
#interest#late payment#management
EULER Trade Indemnity, the UK’s leading credit insurer, has restructured senior management team responsibilities. These changes are designed to streamline…
Dynamic Commercial Finance plc, specialising in invoice factoring and invoice discounting, produced a profit before tax for the second half…
#commercial finance#i#invoice
Go to Factoring: Safety net when payment falls through.
Snoras, Lithuania's fourth-biggest commercial bank, posted an audited net profit of 10.55m litas(Ђ3.057 m)for 2002, compared to 4.51 m litas…
#3M#bank#financial services
Hebros Bank completed the first stage of their national education campaign about bank credit financing offered to small- and medium-sized…
Spicer Hallfield, the Bucks-based manufacturer of photographic albums and frames, has been acquired through a management buy-in/buy-out. Funding was provided…
#API#Flexible Funding#invoice
SMEs have come through the recent slowdown relatively unscathed. Not only is the financial performance of SMEs already improving, but…
Small and Medium-sized Enterprises (SMEs) are increasingly overlooking business loans in favour of costly credit facilities to solve short-term cash…
German business bankruptcies rose 16 per cent last year in another token of the country's gloomy economy, government data showed.…
#bankruptcy#banks#economy
Capital Bank Cashflow Finance Limited has released its annual accounts for the year ended 2002. The company recorded a profit…
#bank#cash-flow#interest
Finance Credit Limited has released its year ended 31 December 2001 report and financial statement. The report shows that the…
#alternative funding#funding#trade