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Chief executive of UK factor resigns ahead of interim...

Potential Finance Group plc, the UK finance company, says the benefits of a recent restructuring of operations first outlined last year, have been encouraging and are reflected in an improved trading performance. The commercial finance specialist said in a statement...

#commercial finance#factoring industry#interest

Equifax launches web-based debt and fraud tool for SMEs

Equifax Plc, the business information provider, has launched eDecision, an online credit application processing and scoring solution aimed at providing…

#Equifax#fraud detection#risk


Over a third of SMEs paid same invoice twice...

Many small businesses are throwing money down the drain by accidentally paying bills twice, with some companies losing up to…


Business failures fall to a six-year low

The number of businesses going bust is set to fall to a six-year low by the end of 2005 as…

#insolvency#international#International Trade


UK asset finance volumes set to outstrip US, Germany

The use of equipment investment and leasing is predicted to grow in the US, the UK and Germany in 2004,…

#cash-flow#financial services#leasing


Small businesses to benefit from Sh2.7bn funding

Kenya's fast growing small- and medium-sized enterprises are to receive a crucial boost from World Bank restructuring funding to the…

#bank#international#management


Chinese exporters urged to increase credit insurance cover

Chinese exporters of farm produce were urged today (May 12) to have their US$16bn worth of agricultural products covered by…

#export credit insurance#exporters#exports


GE on verge of $2bn deal for rival’s commercial...

GE is close to buying the commercial finance portfolio of Boeing Capital Corporation for about $2bn. The disposal of the…


Merrill Lynch vows to grow SME loan provision

Merrill Lynch, the largest US securities firm in terms of number of stockbrokers, is hiring salespeople to make loans to…

#commercial finance#conference#economy


Small business optimism gains in April

US small businesses grew more optimistic last month as the future of the economy appeared brighter and earnings improved amid…

#economy#small business#small businesses


Thailand’s SMEs share resources, target increased competitiveness

A group of small- and medium-sized enterprises (SMEs) has formed an alliance to pool resources and share strengths in order…


Turkish factoring company sells majority stake

Strategic Internet Investments, the Canadian investment company, is to purchase a 51 per cent controlling interest in Turkish factoring company,…

Software firm renews euros7.5m factoring contract with Fortis Commercial...

US software firm PFSweb has renewed a series of senior debt agreements, which include a factoring facility, with Fortis Commercial…

#commercial finance#factoring contract#financial services

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