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Small businesses are being hindered by excessive loan and current account payments due to banks running a “complex monopoly”, according to the Competition Commission. The provisional findings suggest that banks make monopoly profits, without explicit cartel agreements, and are inefficient...
Factoring group Independent Growth Finance Plc, the holding company for GLE Invoice Finance, said on Monday it was scrapping its…
On 9 April 2001, Euro Sales Finance (ESF) announced that it was examining with its lead banks ways in which…
#bank#Deutsche Bank#funding
The Better Payment Practice Group is urging UK businesses to take part in the consultation process on implementing a European…
#European Commission#interest#late payment
The Kent-based factoring company, GLE Invoice Finance, have announced the expansion of their product range to include invoice discounting. The…
#funding#invoice#management
The Purchasing Managers’ Index (PMI) survey in March indicated marginal falls in both output and order books. The worst performing…
#economy
GE Capital Commercial Finance Ltd has been voted European Asset Based Lender of the year for 2001 by the European…
#bank#commercial finance#funding
HSBC Invoice Finance (UK) Ltd have released their annual accounts for the year ended 31 December 2000. Turnover has risen…
#BCR Publishing#invoice
Venture Finance PLC today released their annual accounts for the year ended 31 December 2000. Turnover has risen by 26.16%…
#ABN AMRO#bank#banks
Business failures in London rose by more than 50% in the first quarter of the year compared to the previous…
Lloyds TSB Commercial Finance is building on its record growth in transactions business by launching a national team of regionally…
#acquisition#commercial finance#funding
According to Lloyds TSB Commercial Finance Ltd, the company’s already dominant market share has increased to over 20% of the…
#Commercial Credit#commercial finance#international
Atlas Trade Finance Limited have released an abbreviated set of accounts for the year ended 31 May 2000. The results…
#BCR Publishing#trade