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Close Invoice Finance report steady growth

Close Invoice Finance reported, in its annual report and financial statement, a successful year ended 31 July 2002, with a steady growth in profit. Turnover in 2002 increased by 1.83% to Ј18.42 million compared with Ј18.09 million for year ended...

#awards#bank#insolvencies

Insolvency practitioners association slams banks over Brumark

John Verrill, the Vice President of R3, the body representing insolvency practitioners and company doctors, slammed the banks for delaying…

#bank#conference#insolvency


Unravelling government funding opportunities for Scottish SMEs

This item has been written by Robert Hannah a corporate finance partner with Grant Thornton The way in which grants…

#awards#funding#Jobs


New invoice discounter reports on initial progress

Ultimate Finance Group, the Bristol-based factoring and invoice discounting group which raised Ј1.8m on AIM last year, has reported maiden…


Venture Finance plc’s financial statement shows decrease in turnover...

Venture Finance plc’s financial statement showed that turnover fell by 5.1% to Ј21.9 million compared with Ј23.09million for the year…


The Royal Bank of Scotland Group records increased income...

An 11% increase in income, from the restated amount of Ј5,457 million for 2001 to Ј6,052 million for the year…


Chief executive of Potential Finance Ltd reveals expectations for...

Laurence Rutter, chief executive at Potential Finance Ltd, today talked to BCR about the plans for Potential in 2003 –…

#factoring industry


Government statistics show business survival rates improving

The latest analysis from the DTI's Small Business Service shows that 91.4 per cent of VAT-registered businesses are still trading…

#interest rates#small business#small businesses


Business recovery association (R3) disagrees with DTI business failures...

The Association of Business Recovery Specialists, R3, the body representing business rescue professionals, today contradicted the government’s latest figures for…

#insolvencies#R3#training


FDA’s latest statistics show decrease in export factoring

The FDA’s latest quarterly statistics show a decrease of 2% in export factoring volume and a decrease of 1% in…


SMEs’ fears over economy grow although staff cutbacks will...

Small and medium-sized companies are increasingly pessimistic about the future of the domestic economy but still have no plans to…

#bank#recession#small businesses


Over 30,000 SMEs turn to invoice finance, as factoring...

The FDA has released its 2002 Annual Figures on the factoring and invoice discounting industry showing that the UK market…

Scottish commercial banks have strong reasons for optimism

The Scottish banking scene continues to be highly competitive. In recent years, a significant number of overseas banks in particular…

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