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One third of VC firms collapsed last year

One third of the country's venture capital companies are believed to have collapsed in the past year. There were (more…)

Bank Leumi (UK) announces record profits in 2005, plans...

Bank Leumi (UK) has announced record profits in 2005 with pre-tax profit on ordinary activities of £15.3 million, compared to…

#bank#Bank Leumi#invoice


Enterprise Finance Europe strengthens new London business team

Enterprise Finance Europe (EFE), one of the UK's leading asset-based lenders, has recruited its new sales director to help strengthen its new…

#bank#commercial finance#i


EUROFACTOR AG names sole CEO

After many successful years at EUROFACTOR AG, Member of the Executive Board Ralf R. Bauer is to leave the company,…


Factoring first as Bibby snaps up UK broker

The acquisition by Bibby Financial Services of domestic broker Factoring UK is a first of its kind for the industry,…

#acquisition#financial services#interest


Record number of countries represented at Madrid RFIx 2006

The 6th Receivables Finance International Conference Exhibition (RFIx) will witness a record number of countries in attendance during the three-day…

#commercial finance#conference#international


Driving new sales from within – Heliium Finance

David Richards and Mark Wignall, co-founders of Independent Growth Finance (IGF), along with Richard Keenan and Mike Bailey, former IGF…


Ministry to revise credit guarantee system

The Economy, Trade and Industry Ministry is to classify bank loan guarantee rates paid by small- and mid-size firms (SMEs)…

#bank#bank loan#management


China to launch company credit database in H1

The People's Bank of China says that China aims to establish a nationwide credit database. The information gathered on corporate…

#bank#Bank of China#banks


GM seeking quick deal for finance unit

General Motors is putting pressure on its negotiators and investment banks to reach an outline agreement to sell a majority…


Bibby announces acquisition of UK's leading factoring brokerage

Today the Bibby Financial Services Group announced that it has acquired the UK’s leading factoring brokerage, Factoring UK Ltd (more…)


Fortis Bank to sell factoring and leasing subsidiaries

Fortis Bank A.S announced that it will sell its 99% stake in Fortis Factoring for (more…)

Davenham H1 pre-tax up on higher turnover

Small business loans company Davenham Group PLC reported first half profits up on sharply higher turnover... (more…)

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