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Over 30,000 SMEs turn to invoice finance, as factoring...

The FDA has released its 2002 Annual Figures on the factoring and invoice discounting industry showing that the UK market has become a Ј100billion industry, with over 30,000 SMEs now turning to invoice finance as an alternative to more traditional...

The Financial Times advises businesses on managing down the...

If working capital were to be renamed "waiting capital", perhaps a revolution of comprehension and corrective action might follow. Instead,…

#bank#commercial finance#international


Leading Latvian factor stays on top

The leasing and factoring portfolio of Latvia's Hanza Lizings company gained 31 percent last year to 167 million lats, holding…


Scottish commercial banks have strong reasons for optimism

The Scottish banking scene continues to be highly competitive. In recent years, a significant number of overseas banks in particular…


EIB plans to expand long-term funding for SMEs

The European Investment Bank (EIB) plans to develop partnerships with domestic and foreign banks in Greece with a view to…

#bank#banks#funding


Myanmar mired in worst financial crisis

Riot police are out in force in Yangon as the country's worst financial crisis continues to spiral out of control…


Credit insurer and factor join forces to open foreign...

Small business exporters have a new opportunity to purchase a foreign receivables factoring service from Export Bank (a service of…


Hermes turns up heat on retailer

Hermes Kreditversicherungs-AG, the German insurance group, has dealt a blow to Spar, the retail group, by increasing the deductible contribution…

#insurance#Paid


Potential Finance move into the black

Potential Finance Ltd’s financial report for the year ended 30 September 2003 shows that the company is beginning to make…

#management#risk#risk management


UK banks favour rescue and rehabilitation over insolvency

According to PricewaterhouseCoopers, mid-market companies have been particularly hit by the rise in company insolvencies in 2002. As a raft…

#financial services#insolvencies#insolvency


SSIs still starved of credit

Concerned with the inadequate availability of credit to the small-scale sector, Minister of Small Scale Industries, C P Thakur, said…

#bank#banks#Boost


GERLING NCM join trade mission to Japan

Sixteen Welsh companies and organisations are in Japan on a weeklong trade mission. visiting Tokyo and Osaka. Major names taking…

Fortis Commercial Finance appoints new head of sales for...

Fortis Commercial Finance Limited (FCF) - part of the international Fortis Group, and a leading invoice finance provider across the…

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