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Specialist ABL risk management venture launched

Former Lloyds TSB Commercial Finance Senior Manager, Richard Turvey and has launched a joint risk management consultancy venture (more…)

#commercial finance#invoice#management

CIT appoints temporary CEO

CIT Group Plc has announced that its Board of Directors has appointed current board member (more…)


Government payment pledge failing, claims Graydon MD

The Managing Director of Graydon UK credit management services has slammed the government payment pledge delivered last year as a…

#Atradius#guarantee#invoice


Coface reports net decrease in defaulted payments

Coface has recorded a global net reduction in payment defaults since the second half of 2009, according to their latest…

#crisis#payment defaults#recession


Absolute finance UK recycling firm

Absolute Invoice Finance have established a funding line for Paperback Collection and Recycling Limited, a UK-based paper recycling business looking…


EBRD and Araratbank sign joint SME financing deal

The European Bank for Reconstruction and Development (EBRD) has signed a joint financing agreement with Ararat Bank, to provide leasing…

#bank#leasing#small business


Czech factoring contracts by 25%

The Czech factoring market experienced a 25 percent contraction in 2009, with the total value of the industry dropping €96…

#banks#factoring industry#receivables


Profiting from the new era – celebrating a decade...

The factoring and asset-based finance industry is at a crossroads. Following the worst recession in recent history, development strategies for…


Will there yet be a sting in the tail?

The financial press has been reporting in worried whispers of late about the threat of rising insolvencies as the world…

#bank#conference#management


2009 a “watershed” year for asset based finance, states...

2009 was a watershed year for the commercial finance industry, according to Mike Semanco, President of (more…)


SMEs turning to overdrafts in place of business loans,...

Small to Medium Sized Enterprises (SMEs) have resorted to bank overdrafts rather than business loans to finance their operations, according…

#bank#bank loan#banks


A European payment complex

The Single Euro Payment Area (SEPA) looks set to change the payment landscape of Europe. With almost all of the…

Trade confidence declining amongst Gulf business

Levels of confidence among Gulf business people declined slightly in the fourth quarter of 2009, according to the latest statistics…

#factoring industry#i#international

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