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Commercial finance portal appoints relationship manager

Xbridge, the commercial finance portal, has appointed an e-commerce manager to oversee relationships between mid-market clients, factors, asset finance providers and banks. Stuart Aplin, former business development manager of Bradford & Bingley, joins the London-based portal with immediate effect. “Xbridge...

#banks#channel#commercial finance

Chasing unpaid invoices – advice on hand from payments...

The Better Payment Practice Group (BPPG) has provided new guidance for businesses struggling to get paid by customers who seem…


Interest rate hike will wreck SME growth, finds UK...

Small businesses fear that further hikes in interest rates will prove disastrous for their firms, according to UK factoring and…


FDA diploma second registration period for 2004 approaches

Developed in association with the Institute of Financial Services (ifs), the FDA Diploma is comprised of two Distance Learning Modules…


CBI questions government commitment to export credit support

CBI director-general, Digby Jones, has questioned the government's sustained commitment to globally competitive export credit support following Trade and Industry…


Rough justice for Dynamic’s shareholders

Shareholders in Dynamic Commercial Finance can be justly peeved by a ruling from the Takeover Panel that has effectively restricted…


BoE defends hawkish stance on interest rates

The deputy governor of the Bank of England yesterday sought to justify the Monetary Policy Committee's approach to raising interest…

#bank#Bank of England#inflation


Abbey sells Ј12m invoice discounting portfolio

Five Arrows Commercial Finance, the UK invoice finance firm, has bought the invoice discounting portfolio of Abbey Business, adding 50…


Late payments cost business Ј20b a year

A survey carried out by credit management company Intrum Justicia has revealed the cost to British business of late payments…

#British business#late payment#management


BCR talks to the factoring industry about tackling competition...

On BCR’s behalf, Emma Shotton speaks to senior factoring company executives to find out how they will continue to grow…


Lloyds TSB Commercial Finance delivers bumper profits in 2003;...

Lloyds TSB Commercial Finance (Lloyds TSB CF) unveiled record results for the business with combined profit before tax of Ј52.534m,…


Arbuthnot Factors sees profits rise in 2003

Arbuthnot Commercial Finance Limited have reported a 10.5% increase in pre-tax profits in the year to 31 December 2003, up…

Cash offer for Dynamic Commercial Factors

Aim-listed Dynamic Commercial Finance has rejected a cash offer from Enterprise London plc at 107p a share. Traders have speculated…

#commercial finance

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