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UK

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 clients and Ј12m in advances to Five Arrows’ book. Ian Steward, managing director of Five Arrows Commercial Finance, is forecasting...

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


Commercial finance firm sees squeeze in factoring ops

Potential Finance Group PLC has reported a drop in pre-tax profits, according to the commercial finance group’s interim results for…

#business finance#commercial finance#funding


UK firms use interest threat to speed up late...

Businesses are embracing the late payment legislation by warning customers in advance that interest will be charged if they fail…

#interest#late payment#management


Invoice finance firm strengthens management team

Independent Growth Finance (IGF), the UK invoice finance company, is strengthening its client management team in the south of England,…


Mid-sized firms not optimistic on growth

Mid-market firms in Wales are the least optimistic in the UK when it comes to business growth over the next…


Cash offer for Dynamic Commercial

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


Arbuthnot 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…

#commercial finance#invoice#non-recourse factoring

Interim report on Small Firms Loan Guarantee

Teresa Graham of Baker Tilley has produced her interim report and response to submissions on the Small Firms Loan Guarantee…

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