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Number of insolvencies jumps in first half of 2008

The number of insolvent firms in Hungary grew by 13% in the first six months of 2008, compared to the same period of last year. (more…)

#bankruptcy#economy#insolvencies

Three-quarters of companies record payment problems

According to a payment discipline survey, conducted by the Atradius insurance company, three-quarters of companies have experienced problems with receiving…

#Atradius#insurance#poland


Idaho factoring business move offers growth opportunity

At the beginning of next month, D&S Factors, LLC., an Idaho 75 company and sister enterprise to Internet Truckstop, LLC.,…


Davenham positive outlook on results to June 2008

Shares in AIM-listed asset-based finance company Davenham jumped nearly 12% last week after a positive trading statement. (more…)


Rosenthal & Rosenthal names EVP

Peter Menna has been named executive vice president at Rosenthal Rosenthal Inc., a privately held factoring and finance company in…


US$200m SME fund launched

Bangalore-based private equity (PE) firm Forum Synergies is launching one of the biggest India-focused SME funds. (more…)

#financial institutions#forum#management


Small business lending down sharply

Small business lending in South Florida took a hit during the third quarter as lenders clamped down in the wake…

#commercial lending#guarantees#small business


Additional EUR 8.3m for SME Funding

RAND TRUST was the pioneer of invoice discounting in South Africa (in 1958) and the product has since evolved and…


BSN aims to attract SMEs to take-up micro finance...

Bank Simpanan Nasional Bhd (BSN) aims to attract more small- and medium-sized enterprises (SMEs) to take up its micro financing…


UK R3 responds to suggestion of US ‘Chapter 11’...

R3, the UK s leading insolvency trade association welcomes David Cameron's suggestion of examining the American Chapter 11 system but…

#insolvency#management#R3


FIBank gets Ђ10m loan to support SMEs

First Investment Bank (FIBank) has received a 10m five-year loan from German Investment Bank KfW. (more…)


ABFA Annual Conference Tickets Now on Sale

ABFA announced today that tickets for this year's 2nd ABFA Annual Conference, to be held in Barcelona, are now on…

#conference#economy

Latest review of Ukrainian factoring market

The economic situation in Ukraine in 2007 was positive: It recorded a growth rate of 9.0% in 2006, 11.5% in 2007 and a…

#bank#exports#interest rates

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