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Challenge Finance Ltd, the Sevenoaks-based invoice discounter, has reported a loss before tax of Ј568,599, compared to a loss of Ј198,515 in 2002. In the same period the company’s turnover fell by 13.25% to Ј620,906 (2002:Ј715,717). Challenge Finance is fully...
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
Bibby Factors Northeast, a specialist provider of business cash flow solutions, is pleased to announce the appointment of Paul Brown…
#bank#cash-flow#financial services
Whilst there is no general shortage of funding, two thirds of the UK's four million SMEs are finding it difficult…
#Funding Options#small business#small businesses