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A review of the government-backed small firms loan guarantee scheme has found it "expensive" and "bureaucratic" and recommends a bonfire of red tape to ensure more banks actually offer it to their customers. The scheme, introduced in 1981, is designed...
IGF Invoice Finance Ltd (IGF), part of the Greater London Enterprise (GLE) Group of Companies, has announced a pre-tax profit…
Challenge Finance Ltd, the Sevenoaks-based invoice discounter, has reported a loss before tax of Ј568,599, compared to a loss of…
City Invoice Finance Ltd, the Manchester-based cash flow solutions company, has announced a pre-tax profit of Ј514,645 for the financial…
British exporters must do their homework before targeting new overseas markets or they could end up with slow paying customers…
#Atradius#bank#Deutsche Bank
Coface UK, a leading provider of credit solutions for business, has added to its range of credit management products with…
Carl Cushnie, the businessman jailed for defrauding Versailles' investors, used the proceeds of his fraud to buy an Ј8.6m mansion…
#investment#investments#SAFE
On 26 May 2004, the Court of Appeal revived the confusion of recent years by overturning the first instance decision…
#bank#financial institutions#insolvency
Ultimate Finance Group PLC halved its pre-tax loss in the year to 30 June to Ј338,609 from Ј663,083 on a…
#commercial finance#i#invoice
David Goodridge, partner at accountancy firm Kingston Smith, looks at the advantages of leasing for small businesses. Financing new equipment,…
#cash-flow#risk#small business
UK Government subsidies to arms exports cost the taxpayer at least Ј450m and possibly up to Ј930m a year, according…
#export credit insurance#exporters#exports
The Better Payment Practice Group (BPPG) has launched a new section on its website, www.payontime.co.uk to offer businesses advice on…
#cash-flow#e-commerce#electronic invoicing
Dynamic Commercial Finance, the independent invoice finance company based in Haywards Heath, has been acquired by Enterprise London Limited (ELL).…
#commercial finance#financial services#IGF