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Late payment legislation shows strong early signs of helping...

With just 18 months elapsed since the late payment legislation was completely implemented in the UK, the Better Payment Practice Group (BPPG) reports strong early signs that it is having a positive effect in helping firms collect the cash that...

Versailles case nears its close

Carl Cushnie made millions by defrauding investors in trade finance firm Versailles, it was claimed yesterday, as the case surrounding…

#MAN#trade#WHO


KPMG appoint mid-market head of Corporate Recovery

A new head of KPMG’s national mid-market Corporate Recovery team has been appointed. Myles Halley is moving to the London…

#insolvency


Small firms urged to join Russian revolution

Speaking at the Russian Economic Forum in London this week, Trade and Industry Secretary Patricia Hewitt warned that UK businesses…

#exports#forum#small business


Siemens Financial Services and SecDebt combine to offer trade...

Siemens Financial Services (SFS) has formed a partnership with securitisation experts SecDebt to offer trade receivables finance, to mid-cap companies…


Versailles founder refuses to give evidence in trial

Carl Cushnie, the founder of collapsed FTSE 250 company Versailles Group, yesterday refused to take the stand and face questioning…


London Scottish Invoice Finance 2003 profits down by 14.4%...

London Scottish Invoice Finance Limited, the factoring company formerly known as ISIS Factoring plc, has released its results for the…

#bank#invoice


Atradius joins forces with AON to offer SMEs credit...

Leading global credit insurer, Atradius, has just announced a partnership deal with Aon Receivables Management Services - one of the…


Commercial credit managers given boost – business confidence up...

Commercial credit managers have been given a boost by the news that business confidence has risen for the third quarter…


Venture Finance profit surges in ‘difficult’ times for clients

Venture Finance plc have released their results for the year to 31 December 2003 showing a pre-tax profit of Ј6.20…

#economy#investment#trade


Survey finds SMEs optimistic but held back by red...

Results of a survey commissioned by leading invoice and asset-based financier, Venture Finance PLC, show that 73 per cent of…


Asset-based lending on the up according to LTSB Commercial...

More businesses are borrowing using asset-based lending (ABL), according to new statistics from Lloyds TSB Commercial Finance. The company increased…

#commercial finance#funding#invoice

Ultimate Finance to raise Ј495,000 via share placing

Ultimate Finance Group PLC, which provides cash flow funding for small to medium-sized businesses, said it will raise around Ј495,000…

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