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Telecoms hardware specialist boosted by Invoice Discounting and Small...

Invoice and Asset Based Lender, Venture Finance, has provided Oxford based telecoms hardware specialist UNSL with a funding solution to support a management buy-out (MBO). (more…)

Ted Ettershank stands down as MD of Lloyds TSB...

Ted Ettershank, Managing Director of Lloyds TSB Commercial Finance, has announced his decision to leave the Group at the end…

#asset based finance#bank#commercial finance


Coface launches export factoring services in China

Coface, the world's number three credit insurer, owned by French bank Natixis, announced it has begun offering export factoring services in China.…


Lloyds TSB comments on MPC interest rate decision

Trevor Williams, chief economist, Lloyds TSB Corporate Markets said: The Bank of England's decision to hold rates this month was…

#bank#Bank of England#Clear


Bank of England maintains bank rate at 5.0%

The Bank of England's Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves…

#bank#Bank of England#Paid


GE commercial finance appoints new director of business development...

GE Commercial Finance's Business Finance division has appointed John Nelson as Director of Business Development for the South. (more…)

#business finance#commercial finance#i


Wachovia Capital Finance names three to ABL leadership roles

Wachovia Capital Finance (WCF), the asset-based lending business for Wachovia Bank, has named three industry leaders to new leadership roles…


From bean counter to strategist – KPMG predicts the...

Back in 2000 KPMG Financial Management made a number of predictions about how the finance function would look and operate…


Coface reports 45pc increase in payment defaults over the...

Coface is noticing a net deterioration in the payment behaviour of companies: company payment defaults increased by 45% over the…

#bank#payment behaviour#payment defaults


Bibby Financial Services appoints VP of Sales, BDO

Bibby Financial Services (BFS) has announced the appointment of Mike Sturm as vice president of Sales and Marketing for the…


GE Commercial Finance provides asset-based credit facility to Kinney...

GE Commercial Finance Corp. Lending announced that it provided a $125 million asset-based credit facility to a New York-based drug…

#commercial finance#interest rate#management


Platinum Funding provides USD8m invoice factoring facility

The premier factoring company, Platinum Funding Group, has signed a two-year, US$8.4m invoice factoring agreement with a maintenance contractor servicing…

Survival of the fittest

Tim Corbett, managing director of Fortis Commercial Finance (FCF) in the UK, comments on a recent survey* conducted by FCF.…

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