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Bankruptcies in Japan fell about 5 per cent in the last business year, according to independent research firm Teikoku Databank, as a mild economic recovery and banks' reluctance to cut off ailing firms helped limit failures. Teikoku Databank warned that...
#bankruptcy#banks#economic recovery
Two familiar faces in the Houston financial services industry have formed Briar Capital LP., which focuses on small- and medium-sized…
#bank#financial services#receivables financing
Bank of America, Business Credit Europe won European Venture Capital Journals’s award for asset-based finance provider of the year in…
#bank#Bank of America#commercial finance
Worldwide factoring industry experiences healthy growth despite difficult market conditions Fresh statistics for 2002 show a 4% growth for worldwide…
Small businesses in Japan are having severe cash-flow difficulties, even though the Bank of Japan (BoJ) is pumping plenty of…
Leading Mexican banks Santander Serfin, Banco Bital and BBVA Bancomer have made only 30% of the 15,800 small business loans…
#BBVA#commercial lending#guarantees
The capital city of Denmark, Copenhagen, was the location for this year’s BCR Receivables Finance International European conference. Running from…
#ABN AMRO#bank#commercial finance
Whether Kmart Corp. should have paid several suppliers in the days after its bankruptcy filing has fuelled a legal fight…
#bankruptcy#Paid
Two Royal Navy frigates will be setting course for a new lease of life in the Black Sea after a…
Following the decision today to keep interest rates on hold the CBI is calling on the Bank of England to…
#bank#Bank of England#British business
Fingerhut Direct announced today that it has negotiated a $100 million senior secured line of credit comprised of a revolving…
#acquisition#CIT#receivables
This month's survey revealed renewed weakness within the consumer service sector, with rapidly falling volumes of business and profitability, and…
The Department of Trade and Industry's Small Business Service (SBS) has announced a consultation into developing a US-style Small Business…