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Carl Cushnie made millions by defrauding investors in trade finance firm Versailles, it was claimed yesterday, as the case surrounding the collapsed company neared completion. "He used money obtained as a result of the fraud and he lives, as a...
#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
The new chief financial officer (CFO) at Intrum Justitia has been named as Bo Askvik, who will also become a…
#bank#i#international
The Swiss president, Joseph Deiss, has welcomed a plan by the European Bank for Reconstruction and Development (EBRD) to boost…
#bank#IMF#international
Leading global credit insurer, Atradius, has just announced a partnership deal with Aon Receivables Management Services - one of the…