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Insolvencies in the second quarter 2006

Statistics showing insolvencies in the second quarter 2006 published by the Insolvency Service show company liquidations have decreased compared to Q1 2006 and to Q2 2005 (more…)

#insolvencies#insolvency

Expanding floor-covering firm secures financial deal with Cattles Invoice...

Leeds-based floor-covering firm Johnson Flooring has secured a major new contract worth in excess of a million a year, with…

#cash-flow#funding#invoice


International Moscow Bank to implement FORPOST factoring software

Jet Infosystems is a system integrator and a supplier of key informational infrastructure components to large organisations and companies in…

#bank#banks#international


Euler Hermes profits jump

Thanks to good performances by its businesses in emerging countries and the US, the French credit insurance company Hermes saw…

#3M#insurance#reinsurance


GMAC reveals new communications chief

Toni Simonetti has been named GMAC (more…)


Davenham focuses on Yorkshire property finance

Davenham Property Finance, part of Davenham Trade Finance, has appointed Garry Biggin (more…)


GECF seals invoice finance deal for recruiter

GE Commercial Finance's Business Finance unit has announced it has provided a structured finance package (more…)


UK interest rates raised to 4.75 per cent

UK interest rates have been raised to 4.75 per cent by the Bank of England's Monetary Policy Committee (MPC). (more…)

#bank#Bank of England#inflation


EBRD and Banka Popullore link to support SME finance

The EBRD is lending Banka Popullore, a private bank in Albania, euros 5m to give small- and medium-sized enterprises (SMEs)…

#Access to Finance#bank#banks


Siemens Financial Services expands business opportunities with Euler Hermes...

Siemens Financial Services (SFS), the Siemens Group responsible for financial solutions, has formed a partnership with Euler Hermes (more…)

#bank#financial services#German Factoring Association


Blow for independents as Target Trade Finance hits the...

Target Trade Finance, the debtor and trade finance company, has called in the administrators, factorscan can reveal. The London-based factor…


Factoring companies to start reporting to National Bank

The Central Bank of Slovakia (NBS) is due to start collecting data for statistical purposes from January 2007. The obligation…

Kaulkin Ginsberg marks 15 years serving accounts receivable management

Fifteen years ago Kaulkin Ginsberg Company initiated and advised on the sale of Eastern Credit Association to Eastern Business Services.…

#i#interest#investment

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