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Entrepreneurs look for backing for new Romanian factoring business

Two Romanian businessmen with considerable factoring experience are looking for an investor to help launch a new factoring business in Romania. The businessmen want to exploit the considerable market potential that they feel there is in Romania and already have...

#Two

FDA comment on regulation of receivables finance industry

There has been much speculation in the financial press regarding the unregulated status of independent factoring and invoice discounting firms…


RBS Commercial Services appoints new regional director for Scotland

The Royal Bank of Scotland Commercial Services (RBS Commercial Services), the invoice finance arm of The Royal Bank of Scotland,…


UK’s leading credit insurer unveils integrated receivables management product...

Euler Trade Indemnity, the UK’s leading credit insurer, has announced the launch of a new suite of products, positioning the…


UK's largest independent invoice finance and asset-based lending specialist,...

GMAC Commercial Credit, the UK's largest independent invoice finance and asset-based lending specialist, is to re-brand after the merging in…

#bank#Commercial Credit#commercial finance


Close Invoice Finance report steady growth

Close Invoice Finance reported, in its annual report and financial statement, a successful year ended 31 July 2002, with a…

#awards#bank#insolvencies


Insolvency practitioners association slams banks over Brumark

John Verrill, the Vice President of R3, the body representing insolvency practitioners and company doctors, slammed the banks for delaying…

#bank#conference#insolvency


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…

#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

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