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Small businesses and the brick wall of accounts department...

From Mr Morgen Witzel Sir, Your article "Companies resort to hard line on late payers" (21 January) on late payment by big businesses to small companies is a timely reminder of this ongoing problem. While many small companies do indeed...

Fraud in factoring features at Rome conference

Getting into factoring is easy, staying profitable is getting much harder. One of the biggest threats to factoring profits is…


Government adopts programme to fight money laundering

The Ukrainian government and the National Bank have endorsed a programme for 2004 on fighting the legalisation of income obtained…

#bank#guarantee#international


Bibby Factors Bedford appoints new business finance executive

Bibby Factors Bedford, the leading provider of business cashflow solutions, is pleased to announce the appointment of Chris Hardy as…

#business finance#financial services


SME new appointments to bolster growth in 2004

SME Invoice Finance has announced the appointment of Simon Walker as development director. Working closely with a well-established team, he…


SMEs still at the mercy of late payers

Small businesses in the UK are still experiencing money problems because of late paying customers, despite new legislation to stem…


US Bank Business Credit grants $20m asset-based facility to...

US Bank Business Credit is the agent of a $20 million senior secured credit facility to Tai Foong USA, an…

#bank#cash management#management


Small business to get loans worth US$1bn

Vneshtorgbank will lend small- and medium-sized businesses (SMEs) US$1bn this year, said bank head Andrey Kostin after a meeting with…

#bank#interest rates#small business


Business failures at their lowest for two years

Business failures have fallen to their lowest level in two years, as business-to-business activity is set to overtake consumer spending…


Benfield brokers trade credit reinsurance treaty in China

Reinsurance intermediary Benfield Group plc said it placed a proportional programme for export and credit reinsurance in China that would…


Environmentally-friendly plant powers Malaysia with first-ever triple ECA support

An environmentally-friendly power plant in Malaysia, which received support from the Export Credits Guarantee Department (ECGD), is now successfully supplying…


Interest rates fall again

The Bank of Canada cut interest rates for the first time in almost five months yesterday, citing the combined impact…

Moody's – stable outlook for Intermarket Bank AG

Moody's has assigned A3 long-term and P-2 short-term deposit ratings and a C Financial Strength Rating to Intermarket Bank AG…

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