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Memorable move by Lloyds TSB Commercial Finance

Lloyds TSB Commercial Finance today unveils its plans to unite its asset-based lending (ABL) brands together under the Commercial Finance name. The move is designed to continue to strengthen Commercial Finance's position as a leading provider of asset-based lending services,...

#cash-flow#commercial finance#Funding Options

Cattles Invoice Finance funds Plastic Pallets contract

Tamworth-based Plastic Pallets has secured a Ј1.8 million contract with the Grampian Country Food Group following a funding partnership with…

#funding#invoice#Jobs


Bank Millenium sign purchase agreement

The management board of Warsaw-based Forin Sp. z o.o. has announced that following the signing of an agreement on 6…


New money-laundering attack

The Ministry of Finance and Economy is trying to suppress money laundering by strengthening the powers of the Korea Financial…


Asociacion Espanola de factoring reports factoring volume up 18%...

Asociacion Espanola de factoring (AEF), the Spanish factoring association, has released figures for 2003 showing a factored total of Ђ37.49…

#AEF#BBVA#Caixa


Bank of Asia on negative watch

Fitch Ratings, the international ratings agency, has placed Bank of Asia’s long-term and short-term debt on negative watch following news…


New credit insurance schemes for emerging export streams

ECGC Ltd is now in discussions with various trade organisations, software exporters as well as Nasscom (National Association of Software…


GMAC CF in working capital and term loan funding...

Carbo plc, the Manchester-based industrial abrasives manufacturer and distributor, announced today that it has successfully concluded an agreement with GMAC…

#commercial finance#funding#invoice


Lib Dems say name and shame persistent late payers

Big firms that persistently make late payments to suppliers should be named and shamed on a register, according to a…

#late payment#payment practices#small businesses


GMAC CF expands European activities

GMAC Commercial Finance (GMAC CF) is expanding its European operations with new operations in Poland and Germany. Over the last…


Versailles receivers search for Ј10m

Receivers appointed to trace an estimated Ј11m allegedly stolen by the former finance director of collapsed lender Versailles have recovered…

#bank#banks#WHO


Kazakhstan receives US$24.5 bn of FDI

Total foreign direct investment (FDI) in the Kazakh economy in 1993-2003 amounted to US$24.5 billion, Yerlan Arinov, head of the…

#economy#investment#trade

Culture of late payment shows no signs of abating

More than five years after the government brought in legislation to curb late payment, the average payment period of companies…

#financial services#insolvency#invoice

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