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Confusion Over Calculation of Interest Owed on Late Debts

Businesses may find themselves confused when it comes to calculating interest owed on the late payment of commercial debt following a number of misleading explanations recently published in the press. Contrary to previous information published, businesses calculating late payment interest...

#bank#Bank of England#interest rate

New Appointments at Venture Finance

Asset-based financier Venture Finance PLC today announces the appointment of Cliff Meek as Regional Manager of Structured Finance in the…

#bank#Bank of England#Flexible Funding


Oldest South-Western Factoring Company De-lists from American Stock Exchange...

KBK Capital Corporation, which provides business credit to middle-market companies, announced that, as of the close of business on September…

#bank#commercial finance#management


Research Confirms SMEs Rate Advice from Accountants Most Highly

Accountants are the most used and most effective source of business advice to small and medium-sized enterprises, ahead of banks,…

#bank#small business#smes


First National Business Finance Re-branded

Abbey National has re-branded its First National Business Finance operation to Abbey National business as from 1 September 2002. The…

#bank#Boost#business finance


Italian Factors IFIS Committed to International Expansion

Giovanni Bossi, managing director of the Italian factoring company IFIS, yesterday confirmed its plans to enter the Milan Star index…

#bank#international#Italian factoring


Quantum Corporate Funding, Ltd. Seeks Factoring Portfolios

Quantum Corporate Funding, Ltd., a nationwide firm specialising in alternative funding for small to medium-sized companies, is aggressively seeking factoring…

#alternative funding#bank#funding


BCR Reports on Prague Conference

On 3-5 July 2002 senior factoring professionals from 18 countries converged on the Czechoslovakian capital of Prague for BCR Publishing’s…

#bank#conference#emerging markets


Jyske Bank Acquires GE’s share of Nordisk Factoring

According to Nordisk Factoring's website www.nordiskfactoring.dk Jyske Bank on 6th August aquired GE's 50% share of the company. Nordisk Factoring…

#bank


BIG Bank Gdanski Secures Ђ50 million Factoring Contract

The Management Board of BIG Bank GDANSKI S.A. ("the Bank") announced that on 29 August 2002, FORIN Sp. z o.o.…

#bank#factoring contract#management


Banks Begin Lending to SMEs Again

Mexico's private commercial banks have re-started lending to the country's small- and medium-sized enterprises (SMEs), local financial daily El Economista…

#bank#banks#SME lending


Bridge Bank Launches Factoring Service

Daniel P. Myers, President and Chief Executive Officer of Bridge Bank, National Association, today announced the official launch of the…

#bank#commercial finance#financial institution

Non-Bank Financial Institutions Crucial for Stabilising Economic Growth

Developing non-bank financial institutions is crucial for stable economic growth in the future, according to Prasarn Trairatvorakul, the secretary-general of…

#bank#banks#management

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