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The latest trend within the factoring industry: ERP-solutions replace...

Within the field of factoring software a clear trend towards ERP-standard software and off individual applications / legacy systems can be recognised - a trend which has enforced long ago in each other industry! (more…)

#Clear#factoring industry#i

Finance House Base Rate unchanged at 5%

The Finance House Base Rate (FHBR) for July 2006 remains unchanged at 5.0% (more…)


Factoring licenses may be abolished

The RF Duma is considering an amendment to the Civil Code that, if ratified, will resolve an inconsistency in Russian…

#credit risk#receivables#risk


EC initiative foresees more money for financing SMEs

The European Commission has unveiled today a set of measures to help small companies get easier access to external financing…

#bank#banks#European Commission


Intermarket takes 50% hold in Compania de Factoring

Intermarket Bank, the Austrian finance provider, has secured a 50 per cent share in Romania's (more…)


Fortis appoints country manager for Russia, targets export finance

Fortis has appointed Maarten Pronk country manager for Russia (more…)

#bank#ING#international


Central bank raises interest rates again

The lifting of the 15 per cent excise tax for foreign investment failed to reduce tensions in the foreign currency…

#bank#inflation#interest


GECF provides confidential invoice discounting, trade finance package

GE Commercial Finance's business finance unit has completed a £450,000 invoice discounting and trade finance deal for (more…)

#business finance#commercial finance#credit protection


Past due receivables- a growing headache for firms

Even in instances where companies do not take the extraordinary step of booking charges, they are still troubled by what…


Fed continues tightening campaign

As widely expected, the Federal Reserve raised a key interest rate for the 17th consecutive time, hiking its target for…

#economy#inflation#interest rate


UK export markets show trading conditions best for six...

A new measure of the health of UK export markets shows trading conditions to be the best for six years,…


Lloyds TSB Commercial Finance finances MBO at auto supplier

The managing director of a UK plastics firm that supplies Aston Martin and Lotus has bought the company 20 years…

IIC looking to lend up to US$100m more to...

The Inter-American Investment Corporation (IIC) is looking to grant up to US$100m in loans to Latin American financial institutions before…

#bank#BBVA#financial institution

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