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Venture Finance expands with launch of Newcastle office

Venture Finance PLC, the asset-based financier, today extends its support for small- and medium-sized companies (SMEs) in the North East with the launch of a new office in Newcastle. The Newcastle office will provide easy access to Venture experts who...

#insolvency#invoice#management

Standard Chartered launches international receivables finance and signs credit...

China Export & Credit Insurance Corp (Sinosure) has signed a landmark deal with Standard Chartered Bank (SCB) to jointly offer…

#bank#exporters#international


International Factors (Singapore) appoints new chief

International Factors (Singapore) (IFS)- now controlled by Lim Hua Min's Phillip Securities - has a new chief. In a statement…

#international#WHO


Scotland’s new debt register costs revealed

Scotland's new Debt Arrangement Schemes will protect creditors from judgment enforcement except in special circumstances. The schemes will apply where…

#WHO


UNISAME champions factoring

The Union of Small & Medium Enterprises (UNISAME) has drawn the attention of bankers to the fact that most SMEs’…

#bank#banks#cash-flow


Factoring debt repayment failure led to Mayflower fall

Mayflower Corporation failed for four years to make full payments to HSBC, which was operating an invoice-discounting scheme on its…


SME Invoice Finance profits top Ј400k

SME Invoice Finance Limited has announced results for the financial year to December 2003 following their annual audit undertaken by…

#invoice#management


FCI report world factoring volume tops 760bn Euros, up...

Factors Chain International (FCI), the world’s largest network of factoring companies with a presence in nearly 60 countries, has published…


Interest rates left unchanged

The Bank of England has held interest rates steady at 4.0 per cent for the second month running, after a…


Cattles builds corporate team

Manchester based Cattles Invoice Finance has strengthened its corporate team with the promotion of two associate directors. In his new…


Government creates programme to support SMEs

The ministry of economics and organizations has elaborated a new programme for the development of small- and medium-sized enterprises (SMEs).…


Ex Reagan aide accused of $52,000 factoring fraud

A former top US Environmental Protection Agency (EPA) official was indicted yesterday on federal charges alleging she schemed to fraudulently…

Business failures continue to fall

The number of limited businesses failing in the first quarter of 2004 fell by eight per cent compared with the…

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