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First National Business Finance Re-branded

Abbey National has re-branded its First National Business Finance operation to Abbey National business as from 1 September 2002. The move follows research demonstrating that customers and intermediaries were attracted to the prospect of a range of business financial products...

#bank#Boost#business finance

Lloyds TSB Commercial Finance Limited Release Financial Statement

Lloyds TSB Commercial Finance Limited, the receivables finance division of Lloyds TSB Group plc., has released its Directors’ report and…

#commercial finance#i#receivables


Skipton Business Finance Release Figures for 2001

Skipton Business Finance Limited, the factoring and invoice discounting subsidiary of Skipton Building society, has released its figures for the…

#business finance#invoice#Skipton Business Finance


Number of Small Business Start-ups Fall by 11%

The number of small businesses set up in the second quarter fell by 11 per cent against last year as…


Italian Factors IFIS Committed to International Expansion

Giovanni Bossi, managing director of the Italian factoring company IFIS, yesterday confirmed its plans to enter the Milan Star index…

#bank#international#Italian factoring


FDA’s Second Quarter Figures Show Continued Growth in Factoring...

The FDA has released its Second Quarter 2002 figures. They show over Ј7.2billion of funding is being provided to UK…


Chilean Banks Wary of Lending Funds to SMEs

Chilean banks have used just 7% of a US$500million government-sponsored loan guarantee for small- and medium-sized enterprises (SMEs) debt restructuring…

#banks#economy#guarantee


Quantum Corporate Funding, Ltd. Seeks Factoring Portfolios

Quantum Corporate Funding, Ltd., a nationwide firm specialising in alternative funding for small to medium-sized companies, is aggressively seeking factoring…

#alternative funding#bank#funding


FDA Announce the Appointment of New Chairman

Tony Cox, Managing Director of Venture Finance PLC, has been appointed Chairman of the Factors & Discounters Association (FDA). The…


BCR Reports on Prague Conference

On 3-5 July 2002 senior factoring professionals from 18 countries converged on the Czechoslovakian capital of Prague for BCR Publishing’s…

#bank#conference#emerging markets


Eurofactor’s Profits Plunge into the Red

Eurofactor, the factoring subsidiary of French credit-insurance group Euler & Hermes, has seen its profits plunge into the red, down…

#Allianz#bad debts#interest rates


Survey Reveals Impact of Late Payment Legislation

A survey of more than 1200 UK SMEs has revealed a 60% awareness of the UK Late Payment Legislation. Furthermore,…

Jyske Bank Acquires GE’s share of Nordisk Factoring

According to Nordisk Factoring's website www.nordiskfactoring.dk Jyske Bank on 6th August aquired GE's 50% share of the company. Nordisk Factoring…

#bank

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