IGF Invoice Finance report pre tax profits up 55%

IGF Invoice Finance Limited, part of Independent Growth Finance Limited, has recorded a pre-tax profit of Ј510,723 for the year to 31 March 2003, an increase of 55.8% compared with the previous twelve months (Ј328,214-2002).

Firms warned to cut out cartels or risk jail

Small businesses need to be aware of new pro-competition rules, which could see price-fixing bosses fined or even sent to jail, according to business advisers LexisNexis UK.

Eurofactor (UK) announces pre-tax loss in 2002

Eurofactor (UK) Limited, the London-based subsidiary of the French Eurofactor SA factoring and invoice discounting group, has announced a pre-tax loss of Ј289,000 for the year ended 31 December 2002 compared with a profit of Ј633,000 for the 12 mo

SMEs to be hit by privacy rules

A leading commercial law firm has warned that new European data protection regulations could prevent many UK small firms from marketing their products altogether.

FDA appoints new CEO

Effective 4 August, Kate Sharp has been appointed the new chief executive officer (CEO) of the Factors & Discounters Association (FDA), the body that serves the interests of the Ј100 billion industry of factors, discounters and asset-based lenders

Fortis Commercial Finance reports pre-tax loss

Fortis Commercial Finance Limited, one of the leading debt factoring and invoice discounting companies in the UK and part of the international Fortis Group has reported a pre-tax loss of Ј401,606 for the 12 months ended 31 December 2002 compared w