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Small firms are still being caught out because they offer longer credit periods to customers than they receive from their suppliers, said a new report by the Credit Management Research Centre (CMRC). On average, the companies responding to the poll...
#interest#late payment#management
EULER Trade Indemnity, the UK’s leading credit insurer, has restructured senior management team responsibilities. These changes are designed to streamline…
Dynamic Commercial Finance plc, specialising in invoice factoring and invoice discounting, produced a profit before tax for the second half…
#commercial finance#i#invoice
Indonesia and Guatemala recently held seminars on understanding their bilateral economic and cultural potentials, an Indonesian official has said. Indonesia's…
Go to Factoring: Safety net when payment falls through.
Financial services giant Wells Fargo & Co. increased its presencein Philadelphia recently when one of its subsidiaries bought most of…
Anti-terrorism measures being taken by states around the world could add up to 3 per cent to the cost of…
Snoras, Lithuania's fourth-biggest commercial bank, posted an audited net profit of 10.55m litas(Ђ3.057 m)for 2002, compared to 4.51 m litas…
#3M#bank#financial services
Hebros Bank completed the first stage of their national education campaign about bank credit financing offered to small- and medium-sized…
The Taskforce on Project Exports, set up by Prime Minister’s Office in June 2002, has recommended in its report that…
Spicer Hallfield, the Bucks-based manufacturer of photographic albums and frames, has been acquired through a management buy-in/buy-out. Funding was provided…
#API#Flexible Funding#invoice
SMEs have come through the recent slowdown relatively unscathed. Not only is the financial performance of SMEs already improving, but…
Small and Medium-sized Enterprises (SMEs) are increasingly overlooking business loans in favour of costly credit facilities to solve short-term cash…