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The FDA has released its Second Quarter 2002 figures. They show over Ј7.2billion of funding is being provided to UK businesses and substantial growth in invoice discounting - up 19 per cent since June 2001. The continued growth across the...
Tony Cox, Managing Director of Venture Finance PLC, has been appointed Chairman of the Factors & Discounters Association (FDA). The…
Eurofactor, the factoring subsidiary of French credit-insurance group Euler & Hermes, has seen its profits plunge into the red, down…
#Allianz#bad debts#interest rates
A survey of more than 1200 UK SMEs has revealed a 60% awareness of the UK Late Payment Legislation. Furthermore,…
According to Nordisk Factoring's website www.nordiskfactoring.dk Jyske Bank on 6th August aquired GE's 50% share of the company. Nordisk Factoring…
#bank
The Management Board of BIG Bank GDANSKI S.A. ("the Bank") announced that on 29 August 2002, FORIN Sp. z o.o.…
#bank#factoring contract#management
Economy Minister Jacek Piechota has announced details of his plans for supporting small and medium-sized businesses, with some ZL1.5-2bn in…
Edward Rimmer has been appointed Managing Director of the new company Bibby Factors Manchester, based in the recently regenerated Salford…
Francisco Abril, the general manager of Spanish factoring company Inter-factor Europa, was given an audience with King Juan Carlos I…
#exports#i#international
Alex Lawrie Factors, the UK's largest factoring provider, celebrates 40 years of business this week. The company started trading 21…
#Boost#business finance#smes
Fortis Commercial Finance Limited – part of the international Fortis Group, and a leading invoice finance provider across the UK…
Fewer businesses are blaming their own systems or disputes and queries as reasons for late payment, according to the latest…
#late payment#management#Two
Hopes for a quick rebound in the economy suffered another body blow on Monday after new figures showed that manufacturers…
#bank#Bank of England#interest rates