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Maturity Factoring Not to Affect Normal Banking for Exporters

The new non-recourse 'maturity factoring' facility offered by the Export Credit Guarantee Corporation of India Ltd (ECGC) to banks will not disturb the existing system of banking arrangement vis-a-vis exporters. Talking to Business Line here recently on the various features...

Amended Late Payment Legislation in Force Today

A new package of measures to combat late payment - including allowing businesses owed money to claim up to Ј100…

#bank#Bank of England#forum


Independent Growth Finance Enjoy Increase in Profit

Independent Growth Finance has released its annual report and accounts for the year ended 31 March 2002. Turnover rose by…


Banco Santander-Chile and Banco Santiago Merge

Banco Santander Chile and Banco Santiago merged last Thursday. The merged bank has been named Banco Santander-Chile. Banco Santiago is…

#Banco Santander#bank#financial institution


New Senior Appointments at Compagnie Generale d’Affacturage

Jean Philippe Guillaume has been appointed managing director of French factoring company Compagnie Generale d'Affacturage (CGA), which is part of…


Small Business Sector Grew in 2001

New figures published today show there was a net increase of more than 20,000 firms operating in the UK in…

#cash-flow#guarantee#small business


Scottish Enterprise Unveil Ј20million SME fund

Scottish Enterprise unveiled details of its much-vaunted "fund of funds" yesterday as part of a Ј40 million package of measures…


New Appointments at Independent Growth Finance

Independent Growth Finance has announced three new appointments this week. To further strengthen its midlands team, the company has appointed…

#bank#commercial finance#IGF


Large Companies Taking Longer to Pay Bills

Statutory interest and collection charges will be extended to apply to late payment on all commercial contracts from 7 August…

#interest#late payment#payment delays


Arbuthnot Commercial Finance Release Financial Statement for 2001

Arbuthnot Commercial Finance Limited have released its Financial Statement for the year ended 31 December 2001. The company has enjoyed…


RDM Factors Release Annual Report for 2001

RDM Factors have released its report and financial statements for the year ended 31 December 2001. The company reported an…


City Invoice Finance Limited Release Annual Accounts for 2001

City Invoice Finance have released their annual report and financial statements for the year ended 31 December 2001. Though actual…

Government White Paper Aims to Save Small Businesses’ Money

New proposals to cut red tape and save small business around Ј170 million a year were unveiled last week with…

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