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Ruling to Ease Debt Disputes in China

Debt disputes are expected to become less of a "headache" for both domestic and foreign creditors in Beijing, as the city's courts have instituted "obligation documents" for use in the settlement of debt cases. The new procedure, initiated by the...

#debt collection#insolvency#Paid

UK Businesses Give a Clear Thumbs Down to the...

Other European countries warm to the concept of the single currency but UK still lags behind Research from business and…

#Clear#international#leadership


Grant Thornton Release Tips for SMEs on Dealing with...

Arming small businesses with the information that they need to deal with the euro now it has come into effect,…

#bank#data protection#insolvency


Economic Downturn Will Mean Tough Times for SMEs

The economic downturn will continue to put pressure on many smaller companies this year. Two conferences and a course run…

#banks#cash-flow#conference


Metropolitan Factors Announces Profit of Ј325,000 for Seven Months...

Metropolitan Factors Ltd have today released their accounts for the seven month period ended July 2001. Turnover for the period…


FDA Figures Show Dramatic Increase in Rise in SME’s...

Quarterly figures released today by the Factors and Invoice Discounters Association (FDA) have shown how the clients of FDA members…


US Economy Emerging From Recession?

The Institute for Supply Management (formerly the National Association of Purchasing Management) has announced that its index of factory activity…

#economy#management#recession


Congress Passes Bill Stipulating that Court Approval is now...

On 20 December 2001 both houses of Congress passed HR 2884, the federal tax relief package for victims of the…


PMI Signals Increase in the Rate of Manufacturing Contraction

The UK manufacturing economy recorded a further month of significant contraction in December. The seasonally-adjusted Purchasing Managers’ Index (PMI –…

#economy#recession


Sequoia National Bank Sues Sub-Prime Lenders Over Allegations of...

Sequoia National Bank has announced that it has filed a lawsuit against Peter Behr, Jr., Richard Hatfield, Daniel Holland, Robert…


BancoEstado Guarantees US$110m for Small Businesses Credit

BancoEstado is extending US$110mil in warranties for loans for operations and investment projects for micro, small and medium sized companies…

#BBVA#financial institutions#guarantees


Gerling Offers Financing of Trade Receivables Through Capital Market

On 19 December 2001, Gerling Speziale Kreditversicherungs-AG, Cologne, became the first credit insurer to offer European small and medium-sized enterprises…

Banks Escape Regulation of Dealings with Small Business

Banks are set to escape tough new regulations covering their dealings with small businesses in favour of a code of…

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