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Europe

Business recovery association (R3) disagrees with DTI business failures...

The Association of Business Recovery Specialists, R3, the body representing business rescue professionals, today contradicted the government’s latest figures for failure of start-up businesses and called for a massively increased education programme to stem failures by first-time entrepreneurs. The DTI’s...

#insolvencies#R3#training

FDA’s latest statistics show decrease in export factoring

The FDA’s latest quarterly statistics show a decrease of 2% in export factoring volume and a decrease of 1% in…


Factoring and leasing company to raise Ђ241.8m through asset-backed...

Commercio e Finanza Leasing e Factoring SpA (CFLF), which is headquartered in Naples, is raising Ђ241.8 m through the planned…

#cash-flow#guarantee#insurance


Sparkling performance from major factoring and leasing company as...

The net profit of Estonia's Uhisliising (Uhispank Leasing) group was 99 million kroons (Ђ6.33 m) last year against 58.4 million…


‘Flawed economic policies’ that are damaging SMEs and big...

According to Samoobrona (Self-defence) leader Andrzej Lepper, farmers’ protests have been caused by improper financial policy. "SMEs are going bankrupt,…

#Paid#poland#smes


SMEs’ fears over economy grow although staff cutbacks will...

Small and medium-sized companies are increasingly pessimistic about the future of the domestic economy but still have no plans to…

#bank#recession#small businesses


Over 30,000 SMEs turn to invoice finance, as factoring...

The FDA has released its 2002 Annual Figures on the factoring and invoice discounting industry showing that the UK market…


Leading Latvian factor stays on top

The leasing and factoring portfolio of Latvia's Hanza Lizings company gained 31 percent last year to 167 million lats, holding…


Scottish commercial banks have strong reasons for optimism

The Scottish banking scene continues to be highly competitive. In recent years, a significant number of overseas banks in particular…


EIB plans to expand long-term funding for SMEs

The European Investment Bank (EIB) plans to develop partnerships with domestic and foreign banks in Greece with a view to…

#bank#banks#funding


Potential Finance move into the black

Potential Finance Ltd’s financial report for the year ended 30 September 2003 shows that the company is beginning to make…

#management#risk#risk management


UK banks favour rescue and rehabilitation over insolvency

According to PricewaterhouseCoopers, mid-market companies have been particularly hit by the rise in company insolvencies in 2002. As a raft…

#financial services#insolvencies#insolvency

GERLING NCM join trade mission to Japan

Sixteen Welsh companies and organisations are in Japan on a weeklong trade mission. visiting Tokyo and Osaka. Major names taking…

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