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Europe

Survey Reveals Impact of Late Payment Legislation

A survey of more than 1200 UK SMEs has revealed a 60% awareness of the UK Late Payment Legislation. Furthermore, the possibility of incurring statutory interest charges on unpaid invoices would prompt the majority to pay their suppliers on time....

Jyske Bank Acquires GE’s share of Nordisk Factoring

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


BIG Bank Gdanski Secures Ђ50 million Factoring Contract

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


Officials Go Public With Details of SME Aid Package

Economy Minister Jacek Piechota has announced details of his plans for supporting small and medium-sized businesses, with some ZL1.5-2bn in…


Bibby Makes New Appointments

Edward Rimmer has been appointed Managing Director of the new company Bibby Factors Manchester, based in the recently regenerated Salford…


King Juan Carlos Receives Inter-Factor General Manager as a...

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 Celebrates 40 Years of Business

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 Appoints Corporate Manager for the South...

Fortis Commercial Finance Limited – part of the international Fortis Group, and a leading invoice finance provider across the UK…


Credit Management Research Centre’s Research Reveals Reasons for Late...

Fewer businesses are blaming their own systems or disputes and queries as reasons for late payment, according to the latest…

#late payment#management#Two


Manufacturing Gloom Deepens as Scottish SMEs Suffer

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


Correction to Royal Bank of Scotland Commercial Services’ Published...

On 16 July 2002, BCR reported on The Royal Bank of Scotland Commercial’s Annual Financial Statement for year ended 2001.…

#bank#invoice#NatWest


Royal Bank of Scotland Commercial Services Release Financial Statements

The Royal Bank of Scotland Commercial Services Ltd, one of the leading players in the UK invoice discounting and factoring…

#bank#factoring industry#invoice

Bank of England Releases Small Business Quarterly Report

The Bank of England has published their Quarterly Report on Small Business Statistics: July 2002. The survey evidence in the…

#bank#Bank of England#invoice

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