Factoring turnover doubles in two years

Over the past two years, the turnover of factoring went up 2.1 times, from LTL 2.672 bn in 2003 to LTL 5.658 bn in 2005.

The turnover grew by 56 per cent from 2004, when it stood at LTL 3.628bn, Lithuania’s

SMEs keen to get more EU aid

Lithuanian small- and medium-sized enterprises (SMEs) say they still lack EU aid, even through officials claim that

More Lilthuanian companies use factoring services

An increasing number of Lithuanian companies begin to use factoring services,  the Lithuanian Leasing Association announced.

This service helps companies improve their cash flow management, increase output,  develop