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Exporters increasingly shun ECGD support scheme – CBI chief

CBI chief Digby Jones has accused the government of undermining support for British exporters and exacerbating the number of manufacturing jobs going overseas. He made the comments as he gave evidence to the House of Commons Trade and Industry Committee...

#exporters#exports#international

CIT Group results 2003 show strong factoring and leasing...

CIT Group Inc. today reported net income of US$189.3 million for the quarter ended March 31, 2004. The results for…

#CIT#commercial finance#i


PCI Leasing & Finance income dropped sharply to P258m...

PCI Leasing and Finance Inc. saw its profits drop sharply last year as it moved to set aside funds to…


EBRD releases Ђ40 million to SMEs

The European Bank for Reconstruction and Development (EBRD) will release Ђ40 million for Bulgarian commercial banks to extend loans to…


Bibby Financial Services combine products in new offering

The Bibby Financial Services Group has announced the roll out of a new service offering to add to the list…


PICIC provides Rs300m to entrepreneurs

Pakistan Industrial Credit and Investment Corporation (PICIC) has so far disbursed Rs 300 million among small entrepreneurs under small business…

#bank#business finance#capital requirements


Fundamentals for lending to SMEs

As a whole, SMEs have limited assets and inadequate collateral; their financial accounting is poor; they are often family-run, and…


Allgemeine Kredit Coface Finanz predicts growth in factoring market...

Allgemeine Kredit Coface Finanz (AKCF), the German subsidiary of French financial group Coface, is anticipating further growth in its business…


Overhang of VC-backed private companies in Europe reduced

Venture capital (VC) backed private companies represent a target market for factors. Many VC financings are accompanied by invoice finance.…

#economy#funding#invoice


Late payment legislation shows strong early signs of helping...

With just 18 months elapsed since the late payment legislation was completely implemented in the UK, the Better Payment Practice…


Zurich signs insurance agreement with SINOSURE

Zurich's Emerging Markets Solutions group, the political risk and trade credit insurance unit of Zurich, has signed a memorandum of…


Versailles case nears its close

Carl Cushnie made millions by defrauding investors in trade finance firm Versailles, it was claimed yesterday, as the case surrounding…

#MAN#trade#WHO

Bancуldex issues US$191m in business loans in Q1

Colombia's state-owned export development bank Banco de Comercio Exterior de Colombia (Bancуldex) issued loans totalling 502bn pesos (US$191m) to the…

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