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UK receivables finance subsidiary hit by fraud investigation into...

The first repercussions resulting from this fraud investigation are beginning to emerge. Nick Grainger, managing director of Finance Credit Limited, the UK subsidiary, today issued the following statement: “In light of recent events, our Scandinavian bankers have become the effective...

Businesses sceptical about Chancellor’s optimism on future growth

Businesses do not share the chancellor's optimism in a swift revival of growth next year, according to several confidence surveys…

#financial services#interest rate#international


Bibby is voted ‘Best Factor and Invoice Discounter of...

Leading business finance firm, Bibby Financial Services has been awarded the “Best Factor and Invoice Discounter of the Year” award…

#awards#business finance#commercial finance


Chancellor helps SMEs to obtain credit

Thousands of small businesses will find it easier to obtain bank loans because of changes announced in today's Pre Budget…

#bank#security#small business


Euro Sales Finance release financial statement for the six...

Euro Sales Finance has released its financial statement for the six-month period ended 31 December 2001. The company recorded a…


Call for tougher export credit agency guidelines

Environmental pressure groups will meet officials from the Organisation for Economic Co-operation and Development today as they launch a campaign…


SMEs slow to implement better payment practices

Latest research from the Credit Management Research Centre (CMRC) at Leeds University Business School, and member of the Better Payment…


Factor 21 plc enjoys successful first financial year

Factor 21 plc has released its financial statement for the year ended 30 June 2002. The company, formed on 1…


Smaller firms still in grip of trade gloom

THE UK recovery suffered a setback today after a survey showed how small and medium-sized manufacturers were continuing to suffer…

#smes#trade


JMH Financial Services Group acquires Demica Plc

It has been announced that the JMH Financial Services Group has made a recommended offer to acquire Demica plc. This…

#acquisition#financial services#international


SME manufacturers facing “torrid times”

According to a new survey by the Confederation of British Industry (CBI), small and medium sized manufacturers have seen orders…


FDA statistics for quarter ended September 2002 show decrease...

The FDA has released its third quarter statistics. The figures show that export factoring and invoice discounting services have decreased…

#credit protection#invoice#management

GE Capital Commercial Finance Records Increase in Turnover and...

GE Capital Commercial Finance Ltd has released its financial statement for the year ended 31 December 2001. The company reported…

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