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Venture capital (VC) backed private companies represent a target market for factors. Many VC financings are accompanied by invoice finance. Market conditions have continued to cause the pool of private venture-backed companies in Europe to contract, according to the annual...
#economy#funding#invoice
With just 18 months elapsed since the late payment legislation was completely implemented in the UK, the Better Payment Practice…
Zurich's Emerging Markets Solutions group, the political risk and trade credit insurance unit of Zurich, has signed a memorandum of…
Carl Cushnie made millions by defrauding investors in trade finance firm Versailles, it was claimed yesterday, as the case surrounding…
#MAN#trade#WHO
Colombia's state-owned export development bank Banco de Comercio Exterior de Colombia (Bancуldex) issued loans totalling 502bn pesos (US$191m) to the…
Manchester Commercial Finance, an Edina-based financial services provider that specialises in asset-based lending to small- and medium-sized companies (SMEs), has…
A new head of KPMG’s national mid-market Corporate Recovery team has been appointed. Myles Halley is moving to the London…
#insolvency
FactorHelp announced that a 20-year veteran in the factoring and small asset-based lending (ABL) industries, Thomas G. Siska, has joined…
#commercial finance#funding#Vice president
Speaking at the Russian Economic Forum in London this week, Trade and Industry Secretary Patricia Hewitt warned that UK businesses…
#exports#forum#small business
These days small- and medium-sized businesses (SMEs) are undergoing a financial crisis worse than that of 1997. While large companies…
#bank#cash-flow#Paid
Siemens Financial Services (SFS) has formed a partnership with securitisation experts SecDebt to offer trade receivables finance, to mid-cap companies…
Carl Cushnie, the founder of collapsed FTSE 250 company Versailles Group, yesterday refused to take the stand and face questioning…
London Scottish Invoice Finance Limited, the factoring company formerly known as ISIS Factoring plc, has released its results for the…
#bank#invoice