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Funding efforts to assist liquidators’ recoveries for creditors and...

Current insolvency legislation allows directors of failed companies to be pursued in the courts for recovery of money where there has been negligence, misconduct or misappropriation of assets. However, all too often liquidators cannot pursue actions because of lack of...

#insolvency#management#receivables

Bancomext grants 14bn pesos in loans, guarantees and insurance...

The Mexican Foreign Trade Bank (Bancomext) reported that between January and April it has provided financing of 14.13 billion pesos…


Planned Civil Code revamp will bring factoring contracts into...

As the first step in a process set to last several years, the government recently approved the main concept of…


Small Enterprise Development Corporation hit by financial crisis

The Small Enterprise Development Corporation (Sedco), which is facing serious financial constraints, could be forced to further downsize its operations…

#bank#funding#small businesses


SMES need financing to sustain operations

A Japanese consultant said SMEs in the region need robust financing and adequate marketing assistance to attain sustainability in entrepreneurship.…

#international#smes#sustainability


ECB set to cut rates after euro appreciation

The widely expected interest rate cut by the European Central Bank on Thursday (5 June) will be the talking point…


National Association of Wholesaler-Distributors forms alliance with EULER ACI...

The National Association of Wholesaler-Distributors (NAW) has announced that it has selected EULER American Credit Indemnity (EULER ACI) as its…

#management#risk#risk management


New government website will help small firms connect to...

The Small Business Service (SBS) has launched a new website providing small- and medium-sized firms (SMEs) with a wealth of…

#Boost#leadership#small business


Laurentian Bank of Canada’s Commercial Financial Services sector reports...

Laurentian Bank of Canada’s Commercial Financial Services segment reported a net income of $4.5 million (compared to $6.9 net income…

#bank#financial services#leasing


The future of reference agency Experian remained uncertain as...

Following the sale of its mail order business this week to the Barclay brothers, owners of Littlewoods, Great Universal Stores…


Gerling NCM to launch free debt collection hotline

As a direct response to requests from small- and medium-size enterprise (SME) customers, Gerling NCM has set up a free…

#debt collection#management#Paid


Eurofactor the first to focus on Wales with a...

Eurofactor Thames Valley, the Reading-based business finance experts are to become the first organisation to deliver a full range of…

#bank#business finance#international

Coface UK appoints new risk director

Coface UK, has announced the appointment of Ian Hollyhomes as risk director. With extensive experience within both commercial and credit…

#credit risk#management#risk

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