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Small and Medium Enterprise Statistics for the UK, 1999

The Department of Trade and Industry has today announced its SME statistics for 1999. Their findings include the following results: There were an estimated 3.7 million active businesses in the UK at the start of 1999. Of those 3.7 million,...

Capital.com Find Providers in a Host of Factors

Go to www.capital.com and you will find an on-line business finance marketplace in which premier financing sources compete to provide…

#business finance#Commercial Credit#funding


Quarterly Corporate Insolvency Figures

The Department of Trade and Industry have today released the corporate insolvency figures for the second quarter of 2000. The…


Substantial Increase in Corporate Bankruptcy in Japan

In July Japanese corporate bankruptcies rose 21% year on year to 1,617. Total debts owed by bankrupt firms tripled to…


New Head of Factoring Division for Heritage Bank of...

The Heritage Bank of Commerce have today announced that Sherry Crowley has been made Vice President and Business Development Officer…


Record Profit for Den norske Bank

DnB, Norway’s biggest bank and parent company of Norway’s largest factoring company, DnB Factoring AS, has announced a record 30%…


Online SME Support Service Opens Today

Clearly Business, a joint e-venture between Freeserve and Barclays Bank has been launched today. The website is planned as an…

#bank#BCR Publishing#small businesses


Nomura to Force Fortis’ Hand

The European financial group Fortis is currently in contention with the Japanese investment bank Nomura. The bone of that contention…


Interest Rates Rise For First Time in Ten Years

On Friday, the governor of the Bank of Japan, Masaru Hayami, persuaded the bank’s policy board to raise rates from…

#bank#economy#interest rates


New Player Enters Chilean Market

As part of a large expansion programme, Chile’s Banco de A. Edwards announced yesterday that it had opened a factoring…


CIT Commercial Services Forms Alliance with Cyber Merchants Exchange

The US’s largest provider of factoring services, CIT Commercial Services, has announced that it will form a strategic alliance with…

#CIT#CIT Commercial Services#e-commerce


Finova to Sell Commercial Service Group to GMAC

The Finova Group has today announced that it has signed an agreement to sell its commercial services business (which provides…

Politicians Weaken Their Opposition to Interest Rate Rise

Hiromu Nonaka, the Secretary General of Japan’s ruling Liberal Democratic Party has made an announcement regarding future changes in the…

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