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Bad debt fears restrict exports as UK hits record...

The UK's annual trade deficit with the rest of the world hit a record high in 2006 at 55.8bn, up from 44.6bn in 2005. Russell Warner, sales director at Coface commented: While the export of services (more…)

GE Commercial Finance provides receivables funding for MSP Ltd...

GE Commercial Finance's Business Finance unit provided receivables funding to MSP Ltd for their recent MBO. MSP Ltd, based in…


Red Castle Recoveries sold to Nordic invoice discounter

With operations in the Nordic countries, Gothia offers arrange of invoice discounting, debt purchase and collections services across the region…

#acquisition#debt collection#invoice


Lancashire finance firms scoop top accolades

The Lancashire Dealmakers Awards annual ceremony attracted finance professionals from across the county to (more…)


Venture Structured Finance funds Precision Engineering MBO

The management team at Precision Engineering Ltd (PEL) has acquired the business via an MBO. Funding was provided by Venture…


Landsbanki Commercial Finance continues expansion in 2007 with six...

Landsbanki Commercial Finance (LCF) announces six new appointments to its team. Brent Osborne, managing director, celebrates the expansion: In the…


SME growth strong during last quarter of 2006 –...

The PKF SME Index, a quarterly survey of 800 SMEs in the construction, manufacturing and service sectors shows business activity…


Davenham appoints David Bowles as risk director

Davenham Group plc is pleased to announce the appointment of David Bowles as group risk director, a main board position,…

#acquisition#bank#management


Manufacturing new orders strongest since 2004 – CBI/Experian

The rise at a UK level in new manufacturing orders over the past three months was the strongest since the…


UK businesses may pay a high price for complacency...

A study of the payment practices of more than 1200 European businesses found that British companies need to start paying on…


Bad debt dissolves good business

Survey findings reveal accountants view poor management and bad debt as major causes of insolvencies. Bad debt and the inability…


Experian acquires Economic Research Services

ERS will form part of Experian‘s Business Strategies division, which is now one of Europe s leading global economic forecasting…

Factor uncovers new fraud following random check

Fraud has reared its ugly head again in the factoring industry. Following a routine check of client credit information by…

#asset-based lender#invoice#management

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