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Factoring and the hidden Winding Up Petition

by Peter Sinnett, In-house Counsel, Bermans, Lawyers Bermans was recently involved in a difficult and unusual High Court application for a factor which found itself as the victim of very unfortunately timed events involving client insolvency. The facts of the...

#assignment#bank#insolvency

The government's tax on dividends could cost SME owners...

PKF is warning owners of small companies who take most of their income as dividends that the tax increases the…


SME opinion split on enlarged EU

In just under three months, the 15 existing EU members will be joined by a further 10 states, drawn mainly…


New business development manager for Venture Finance

Venture Finance, the invoice and asset based financier, today announces the appointment of Mark Humphreys as regional manager for the…

#bank#commercial finance#invoice


Reforms of the taxation of asset finance would hit...

The Finance & Leasing Association (FLA) has published a report that highlights the economic impact of the government’s corporation tax…

#bank#funding#management


Top tips for SMEs considering a MBO – Fortis...

Recent surveys have shown the economic outlook for 2004 is looking up. Certainly, the management buy-out (MBO) mid-market has been…


New regional director for the Midlands

Venture Finance has announced the promotion of Cliff Meek to regional director of Structured Finance in the Midlands, based in…

#funding#i#management


JMH Demica introduces Citadel Factor to revolutionise the European...

Prototype will be featured at BCR’s European Factoring Conference, Rome, 17-19 March JMH Demica today announced the launch of Citadel…


Memorable move by Lloyds TSB Commercial Finance

Lloyds TSB Commercial Finance today unveils its plans to unite its asset-based lending (ABL) brands together under the Commercial Finance…

#cash-flow#commercial finance#Funding Options


Cattles Invoice Finance funds Plastic Pallets contract

Tamworth-based Plastic Pallets has secured a Ј1.8 million contract with the Grampian Country Food Group following a funding partnership with…

#funding#invoice#Jobs


Lib Dems say name and shame persistent late payers

Big firms that persistently make late payments to suppliers should be named and shamed on a register, according to a…

#late payment#payment practices#small businesses


Versailles receivers search for Ј10m

Receivers appointed to trace an estimated Ј11m allegedly stolen by the former finance director of collapsed lender Versailles have recovered…

#bank#banks#WHO

Culture of late payment shows no signs of abating

More than five years after the government brought in legislation to curb late payment, the average payment period of companies…

#financial services#insolvency#invoice

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