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UK Businesses Urged to Participate in Consultations over European...

The Better Payment Practice Group is urging UK businesses to take part in the consultation process on implementing a European Commission directive on combating late payment. The consultation document can be seen on its website (www.payontime.co.uk) and businesses have until...

#European Commission#interest#late payment

Bancorp’s Factoring Income Drives Record Q1 Figures

Sterling Bancorp today announced record figures for the three months ended 31 March 2001. Net income for their factoring operation…

#interest


GLE Invoice Finance to Launch Invoice Discounting

The Kent-based factoring company, GLE Invoice Finance, have announced the expansion of their product range to include invoice discounting. The…

#funding#invoice#management


Svenska Handelsbanken Bid for Midtbank

Yesterday Svenska Handelsbanken, the largest bank in Sweden and parent of one of the Swedish factoring industry’s major players, Handelsbank…


Manufacturing Economy Contracts as Book Orders Fall

The Purchasing Managers’ Index (PMI) survey in March indicated marginal falls in both output and order books. The worst performing…

#economy


GE Capital Commercial Finance named European Asset Based Lender...

GE Capital Commercial Finance Ltd has been voted European Asset Based Lender of the year for 2001 by the European…

#bank#commercial finance#funding


HSBC Invoice Finance (UK) Ltd Records Increase in Turnover...

HSBC Invoice Finance (UK) Ltd have released their annual accounts for the year ended 31 December 2000. Turnover has risen…

#BCR Publishing#invoice


Venture Finance PLC’s Profits Increase by 41%

Venture Finance PLC today released their annual accounts for the year ended 31 December 2000. Turnover has risen by 26.16%…

#ABN AMRO#bank#banks


Euro Sales Finance Share Price Plunges on Profit Warning

Euro Sales Finance today issued the following statement: “Whilst ESF has the opportunity to expand its receivables book significantly, particularly…

#bank#Deutsche Bank#funding


London Business Failures Surge

Business failures in London rose by more than 50% in the first quarter of the year compared to the previous…


KBK Capital Corporation to Report Loss in First Quarter...

The Fort Worth-based provider of financial services, including factoring, KBK Capital Corporation, announced on 6 April that they expect to…

#bankruptcy#banks#financial services

Lloyds TSB Commercial Finance Continue to Grow Transactions Business

Lloyds TSB Commercial Finance is building on its record growth in transactions business by launching a national team of regionally…

#acquisition#commercial finance#funding

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