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Losses More than Double at Singer and Friedlander Factors

The accounts of Singer and Friedlander Factors Ltd for the year ended 31 December 2001 have today been released, showing a dramatic increase in losses before tax. The company, which was absorbed by Close Invoice Finance in December 2001, recorded...

#BCR Publishing#invoice

HSBC Invoice Finance Records 10% Profit Increase

HSBC Invoice Finance (UK) ltd, the factoring and invoice discounting arm of HSBC, has today released its annual accounts for…


Barclays Research Shows Increasing Optimism for Start Ups in...

While business start-ups totalled 342,000 in 2001, down 15% on the previous year, the small business picture is not as…


Asta Funding Announces New Strategic Alliance

Asta Funding, Inc, a leading factor and consumer receivables asset management and liquidation company, today announced that it has formed…


Small Business Banking Code Aims to Stave Off Regulation

The British Bankers’ Association will launch a code of conduct today covering small businesses, pitching for improved self-regulation ahead of…

#bank#regulation#small business


NMB Heller Record 11% Profit Increase

NMB- Heller Ltd have today released their annual accounts for the year ended 31 December 2001. Pre-taxation profits have risen…

#business finance#invoice#trade


CIT Increases Funding Capability

As part of its ongoing strategy to further strengthen its financial position and diversify its funding sources, CIT Group Inc.…

#CIT#CIT Commercial Services#Credit Suisse


Bank of Ireland and Anglo Irish Bank to Merge?

It has been reported that Bank of Ireland could be merging with Anglo Irish Bank Corporation plc. The rumour has…


FDA Reports 16% Increase in Total Client Sales in...

The Factors and Invoice Discounters Association, the trade body representing the interests of factors and invoice discounters operating within the…


Service Sector Recovery Continues as New Business and Activity...

February’s survey provided further signs of recovery within the UK private sector services economy. The seasonally adjusted Business Activity Index…


Rumours Emerge of Impending Purchase of Banco Galicia

Rumours have surfaced on the business news service, Zephus.com, of the forthcoming acquisition of Argentina’s Banco Galicia. A prospective purchaser…


PMI Signals Tentative Manufacturing Growth for the First Time...

The seasonally-adjusted Purchasing Managers’ Index (PMI- a composite indicator designed to an overall view of the manufacturing economy), signalled marginal…

#economy#investment

Last Chance to Register for BCR Factoring Conference, Singapore

BCR’s Receivables Finance International Asia-Pacific has now attracted registrations from 14 nations which means that the conference, to be held…

#conference#international#receivables

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