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Factor 21 reports profits soaring in 2003

Factor 21 plc, a privately-owned factoring company, have reported pre-tax profits for the year to 30 June 2003 of Ј191,669, an increase of virtually 125% compared to the previous year (Ј85,329). Turnover has almost doubled to Ј656,909 in the period...

#recourse factoring

Amlin acquires renewal rights to the trade credit insurance...

Amlin plc , a leading Lloyd's insurer, has announced today that its managed Lloyd's Syndicate 2001, through its service company,…


Fraud trends –prevented fraud losses increase by 30%

A change in agency reporting practices and another agency starting to report matches to CIFAS when they previously could not,…

#Clear#frauds#insurance


Coface UK to develop new factoring service to complement...

Credit solutions provider, Coface UK, part of the international Coface Group, is developing a factoring service to complement its existing…

#exporters#international#management


The Royal Bank Of Scotland Commercial Services further strengthens...

The Royal Bank of Scotland Commercial Services (RBSCS), the invoice finance arm of The Royal Bank of Scotland, announced today…


Finexia merges with Xbridge to create the UK’s largest...

Xbridge and Finexia have announced the merger of their online financing businesses. Together the two companies will create the leading…

#acquisition#business finance#commercial finance


Scottish SMEs output rises for first time in a...

There were welcome signs of an improvement in the fortunes of Scotland's hard-pressed small and medium-sized enterprises (SMEs) in the…


SME's cannot afford Corporation Tax changes, says survey

Small- and medium-sized enterprises (SMEs) could not foot their tax bill if the government proceeds with its threat to introduce…


Signs of recovery in the timber and paper sectors...

Credit solutions company, Coface UK, has warned that the printing industry shows no sign of an upturn, although the paper…


SMEs should be more aware of impact of the...

Irrespective of whether the UK decides to join the single currency, the euro-zone is already a practical reality for the…


RBS Commercial Services’ bad debt protection

More and more businesses using invoice finance are protecting themselves against bad debt caused by the failure of one or…

#bank#international#invoice


Solicitors are the first port of call when looking...

A survey conducted on the Better Payment Practice Group (BPPG) website during September showed that solicitors are the most popular…

#interest#management#WHO

Sun starts to shine on SME manufacturing sector

The small-and medium-sized enterprise (SME) manufacturing sector recorded its highest levels of business activity and new orders since the end…

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