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Europe

New Name Reflects Nationwide Growth

GLE Invoice Finance, providers of cash flow solutions, with its Head Office based in Kent, is changing its name with effect from 15th October 2001 and will become Independent Growth Finance. Whilst they remain part of The Greater London Enterprise...

#debt collection#IGF#invoice

Banks’ Lending to Small Businesses Increases in Q3

Lending to small businesses increased by over Ј1.2 billion (3.1%) in the third quarter of 2001 to Ј41.4 billion. This…


Potential Finance Group plc receives Ј25m Funding Solution from...

GE Capital Commercial Finance has announced that they have signed an agreement with Potential Finance Group to provide them with…


Lloyds TSB Commercial Finance Reports Substantial Growth In Asset-Based...

Lloyds TSB Commercial Finance, the provider of invoice discounting and asset based financial solutions, has reported a 50% growth in…

#bank#commercial finance#funding


PMI Report Shows Private Sector Activity Falling at Fastest...

Private service sector activity falls for second month running and at fastest rate in survey history, as adverse effects of…


Grant Thornton Survey Shows UK Business is Concerned over...

Britain's economic outlook is one of the biggest concerns for its business community, with only one in ten company leaders…


Amendment to Late Pay Act Affects Small Businesses

On 1 November 2002, the Late Payment Act will be extended to allow large businesses to claim interest from smaller…

#invoice#late payment#small business


Bank of Ireland To Set Up Finance Operations in...

Bank of Ireland is close to launching a debtor financing operation in the UK, Germany and the Netherlands and plans…

#bank#banks#smes


Insolvency Statistics Show Decrease on Previous Quarter

Statistics showing insolvencies in the third quarter 2001 are published today (2 November) by the Department of Trade and Industry.…

#BCR Publishing#insolvencies#insolvency


Bibby Appoints New Sales Manager

Phil Countache has been appointed Sales Manager responsible for the generation of new business within the South East by leading…

#bank#BCR Publishing#business finance


Research from Bibby Factors Leeds Shows Government Fails UK...

Exporters in the United Kingdom believe the government is failing them according to new research from Bibby Factors Leeds. Findings…


PMI Climbs, but Manufacturing Recession Persists

Although remaining well below the critical no change level of 50.0 in October, the latest seasonally-adjusted Purchasing Managers’ Index (PMI…

#economy#investment#recession

UK “Funding Landscape to Change Markedly” in the Wake...

Andrew Visintin, partner, Hammond Suddards Edge Insolvency lawyers - or as many now prefer to be called, 'turnaround specialists' -…

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