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Europe

SMEs get subsidised loans

The Ministry of Economy and Transport (GKM) and the state-owned Hungarian Development Bank (MFB) have launched the HUF 150 bn (US$ 662m) Europe Investment Loan Program, aimed at providing long-term loans to Hungarian businesses the MFB announced. Within the programme,...

#bank#banks#economy

Unravelling government funding opportunities for Scottish SMEs

This item has been written by Robert Hannah a corporate finance partner with Grant Thornton The way in which grants…

#awards#funding#Jobs


New invoice discounter reports on initial progress

Ultimate Finance Group, the Bristol-based factoring and invoice discounting group which raised Ј1.8m on AIM last year, has reported maiden…


Venture Finance plc’s financial statement shows decrease in turnover...

Venture Finance plc’s financial statement showed that turnover fell by 5.1% to Ј21.9 million compared with Ј23.09million for the year…


The Royal Bank of Scotland Group records increased income...

An 11% increase in income, from the restated amount of Ј5,457 million for 2001 to Ј6,052 million for the year…


Chief executive of Potential Finance Ltd reveals expectations for...

Laurence Rutter, chief executive at Potential Finance Ltd, today talked to BCR about the plans for Potential in 2003 –…

#factoring industry


Government statistics show business survival rates improving

The latest analysis from the DTI's Small Business Service shows that 91.4 per cent of VAT-registered businesses are still trading…

#interest rates#small business#small businesses


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…

#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

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