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FDA appoints new CEO

Effective 4 August, Kate Sharp has been appointed the new chief executive officer (CEO) of the Factors & Discounters Association (FDA), the body that serves the interests of the Ј100 billion industry of factors, discounters and asset-based lenders in the...

Bank lending to small firms swells

Corporate lending by local banks ballooned by 5.1 trillion won (US$4.3 billion) last month, as small- and mid-sized companies (SMEs)…

#bank#banks#smes


Fortis Commercial Finance reports pre-tax loss

Fortis Commercial Finance Limited, one of the leading debt factoring and invoice discounting companies in the UK and part of…

#bank#commercial finance#international


Greenfield Commercial Credit (Canada) Inc. announces it has acquired...

Greenfield Commercial Credit (Canada) Inc. (Greenfield Canada) announced today (6 August) that it has acquired a portfolio of seven factoring…

#acquisition#Commercial Credit#management


Joint Ingosstrakh and Malaysian Export Credit Insurance Corporation projects...

At the Russian-Malaysian business forum in Kuala Lumpur yesterday (5 August), President Vladimir Putin said that the two countries are…

#export credit insurance#forum#insurance


Hampshire Trust Factors Limited profit up 170%

Milton-Keynes-based Hampshire Trust Factors Limited have reported a pre-tax profit of Ј203,365 for the year to 30 April 2003, a…


Transamerica purchase bolsters GE Commercial Finance

General Electric added to one of its main growth engines yesterday (5 August 2003) when the US conglomerate announced a…


SME credit needs careful risk analysis

Small businesses have been a major beneficiary of recent government efforts to extend financial and technical support to help improve…


Hosoya to to put SME bank Resona on the...

When Eiji Hosoya, the new chairman of Resona, first saw the swooping R of the bank's logo, it reminded him…

#bad debts#bank#management


Better Payment Practice Group responds to Experian research and...

The Better Payment Practice Group (BPPG) welcomes any new research into credit management issues. We would however like to comment…


Micro-enterprise development plan will increase the rate of SMEs...

More than 200 foreign and Thai small- and medium-sized enterprises (SMEs) are expected to attend the Asia Pacific Economic Cooperation…


New quality standards for SMEs to increase export potential

A new form of cooperation is emerging between small businesses in Israel, Lebanon, Syria, the Palestinian Authority, and other Mediterranean…

#management#small business#small businesses

Five Arrows increase turnover, profits up by 17.5%

Manchester-based Five Arrows Commercial Finance Limited have recorded a 17.5% increase in pre-tax profits for the 12 months to 31…

#commercial finance#invoice

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