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Late payments are causing major problems for firms, imposing unnecessary administrative burdens and in some instances leading to insolvency, according to the Small Firms Association (more…)
#cash-flow#insolvency#invoice
Eurofaktor, the only representative of the factoring industry on the stock exchange, made only ZL1.1m (euros 284,500) net profits in…
According to a report, only 16 per cent of SMEs indicated a reliance on financing from financial institutions, both banking…
GE Commercial Finance Business Finance has provided an MBO-driven invoice finance and cash flow package to (more…)
Davenham Property Finance, part of Davenham Trade Finance, has appointed Darren Chadwick as business development manager for property in the…
Statistics showing insolvencies in the second quarter 2006 published by the Insolvency Service show company liquidations have decreased compared to…
#insolvencies#insolvency
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
Jet Infosystems is a system integrator and a supplier of key informational infrastructure components to large organisations and companies in…
#bank#banks#international
Thanks to good performances by its businesses in emerging countries and the US, the French credit insurance company Hermes saw…
#3M#insurance#reinsurance
Toni Simonetti has been named GMAC (more…)
Davenham Property Finance, part of Davenham Trade Finance, has appointed Garry Biggin (more…)
GE Commercial Finance's Business Finance unit has announced it has provided a structured finance package (more…)
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