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A European Commission Directive that gives businesses the right to claim interest on late payments will come into effect on 8 August 2002, three months earlier than envisaged. The legislation was originally due to be implemented in the UK on...
#cash-flow#European Commission#forum
Tyco International Ltd. today announced that its financial services subsidiary, CIT Group Inc., filed a registration statement on Form 10…
New research on projected borrowing patterns highlights need for better relationships between banks and SMEs The British Bankers' Association today…
#bank#Bank of England#regulation
The accounts of Singer and Friedlander Factors Ltd for the year ended 31 December 2001 have today been released, showing…
#BCR Publishing#invoice
HSBC Invoice Finance (UK) ltd, the factoring and invoice discounting arm of HSBC, has today released its annual accounts for…
While business start-ups totalled 342,000 in 2001, down 15% on the previous year, the small business picture is not as…
Asta Funding, Inc, a leading factor and consumer receivables asset management and liquidation company, today announced that it has formed…
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 Ltd have today released their annual accounts for the year ended 31 December 2001. Pre-taxation profits have risen…
#business finance#invoice#trade
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
It has been reported that Bank of Ireland could be merging with Anglo Irish Bank Corporation plc. The rumour has…
The Factors and Invoice Discounters Association, the trade body representing the interests of factors and invoice discounters operating within the…
February’s survey provided further signs of recovery within the UK private sector services economy. The seasonally adjusted Business Activity Index…