GLE Invoice Finance Seeks AIM quotation

GLE Invoice Finance is seeking a quotation on the Alternative Investment Market (AIM) A valuation of between Ј15m and Ј20m is anticipated. The company is looking to raise about Ј7m gross via an institutional placing.

Alliance Trade Finance Limited Moves into the Black

Alliance Trade Finance Limited, the speciality trade finance provider, today released their annual accounts for the year ended 31 July 2000. Turnover has risen by 166.66% to Ј30,358,709 from the 1999 figure of Ј11,384,610.

Bibby Group Launches Bibby Asset Finance Ltd

The Bibby Financial Services Group has launched a new division to work alongside Bibby Group of Factors, which is currently the largest non bank-owned factoring company in the UK.