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HSBC appoints new director for trade services

HSBC Bank Malaysia Bhd has appointed Vivek Gupta as director responsible for growing its trade services market share (more…)

Economic bedrock cracking says factoring report

New Zealand SMEs are struggling to grow due to increasing cash flow pressure, a slowing economy and limited ability to…


DBV-Winterthur and Atradius join forces

German insurance company DBV-Winterthur is to cooperate on the German market with Atradius, the credit insurance company. The collaboration sees…


Pekao Faktoring greedy for growth

Although the company is the leader of the sector, it does not mean that it will grow faster than the…

#acquisition#management


Fortis finalises the acquisition of Innotrade Leasing Rt. and...

Fortis has confirmedthat it has finalised the acquisition of the two Hungarian sister leasing companies, Innotrade Leasing Rt. and Takleasing…


IGF launches payroll service

Independent Growth Finance, the independent commercial finance provider, today announced the launch of its new payroll service, aimed specifically at…


FactorLoads and Carbonfund.org partner to 'move freight carbonfree'

Carbonfund.org, a leading non-profit carbon offset organisation and FactorLoads, the premier freight bill factoring service for owner operators and small…

#Bill#Penny#trade


ECGC to foray into factoring services

Export Credit Guaranty Corporation of India Ltd (ECGC) is planning to foray into factoring services through (more…)


Less than one tenth of invoices paid within 30...

Late payments are causing major problems for firms, imposing unnecessary administrative burdens and in some instances leading to insolvency, according…

#cash-flow#insolvency#invoice


Eurofaktor diversification strategy leads to profit slump

Eurofaktor, the only representative of the factoring industry on the stock exchange, made only ZL1.1m (euros 284,500) net profits in…


Report shows SME lending up 13pc in 2005

According to a report, only 16 per cent of SMEs indicated a reliance on financing from financial institutions, both banking…


GECF deal for Notts firm

GE Commercial Finance Business Finance has provided an MBO-driven invoice finance and cash flow package to (more…)

Davenham poaches Chadwick from Lloyds TSB

Davenham Property Finance, part of Davenham Trade Finance, has appointed Darren Chadwick as business development manager for property in the…

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