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US SMEs to look at South East Asia export...

A trade mission led by the head of the US & Foreign Commercial Service (USFCS) will visit trading partners Thailand, Vietnam and Singapore starting from 4 March 2003. The USFCS is a federal export promotion agency with responsibility for helping...

#economy#exports#Produce

New invoice discounter reports on initial progress

Ultimate Finance Group, the Bristol-based factoring and invoice discounting group which raised Ј1.8m on AIM last year, has reported maiden…


Venture Finance plc’s financial statement shows decrease in turnover...

Venture Finance plc’s financial statement showed that turnover fell by 5.1% to Ј21.9 million compared with Ј23.09million for the year…


French credit insurer suffers profit slide as factoring arm...

French credit insurer Euler & Hermes (F.EUL), which is 67.4%-owned by Assurance Generales de France (F.AGF), said Thursday its net…

#interest#interest rates#securitisation


Apparel manufacturer secures $25m credit revolver against L/Cs, factoring...

Candie's, Inc. (NASDAQ:CAND) today announced that its wholly owned subsidiary, Unzipped Apparel, LLC, which manufactures and sells Bongo jeanswear, signed…


Factoring and leasing company seeks reduction in financing costs...

Factoring and leasing company, Siam Panich (SPL) expects to post revenue growth of 22% in 2003, with net interest spreads…


The Royal Bank of Scotland Group records increased income...

An 11% increase in income, from the restated amount of Ј5,457 million for 2001 to Ј6,052 million for the year…


Chief executive of Potential Finance Ltd reveals expectations for...

Laurence Rutter, chief executive at Potential Finance Ltd, today talked to BCR about the plans for Potential in 2003 –…

#factoring industry


S&P cuts Gerling’s ratings to 'BB+' and keeps them...

Standard & Poor's Ratings Services said today it lowered to 'BB+' from 'BBB' its long-term counter party credit and insurer…

#DEC#insurance#management


Government statistics show business survival rates improving

The latest analysis from the DTI's Small Business Service shows that 91.4 per cent of VAT-registered businesses are still trading…

#interest rates#small business#small businesses


Business recovery association (R3) disagrees with DTI business failures...

The Association of Business Recovery Specialists, R3, the body representing business rescue professionals, today contradicted the government’s latest figures for…

#insolvencies#R3#training


FDA’s latest statistics show decrease in export factoring

The FDA’s latest quarterly statistics show a decrease of 2% in export factoring volume and a decrease of 1% in…

Factoring and leasing company to raise Ђ241.8m through asset-backed...

Commercio e Finanza Leasing e Factoring SpA (CFLF), which is headquartered in Naples, is raising Ђ241.8 m through the planned…

#cash-flow#guarantee#insurance

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