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SFO investigation over Ј250k factoring fraud

Police are investigating allegations of fraud after Bury Council paid a bill from a supplier for 250,000 - despite the company already having been paid by a third-party financier. (more…)

#Clear#factoring fraud#invoice

Economy weak but not enough for recession

The U.S. economy will shrink in the second quarter, but avoid a recession this year. (more…)

#Clear#Jobs#recession


Slowdown spreading to services sector – CBI/Grant Thornton

The mood among firms selling services has darkened considerably compared with three months ago after disappointing volumes of sales across…

#Clear#economy#inflation


Asset Based Lender finances MBO for household consumables manufacturer

Venture Structured Finance has announced that it has backed a management buy-out (MBO) of household consumables manufacturer, Avanti Blue. (more…)

#Clear#corporate finance#funding


Merchant Business Finance to offer asset finance and invoice...

Andy Moody, MD at Loanoptions.co.uk is to launch Merchant Business Finance, a commercial packager, at this years London Mortgage Business…

#acquisition#business finance#Clear


Venture Factors Direct support Growth Sales and Marketing Ltd

Venture Factors Direct is supporting the expansion plans of Growth Sales and Marketing Ltd with a £60,000 online Factoring Facility.…

#Clear#insolvency#late payment


Fewer UK businesses are failing

The number of corporate failures in the UK continues to decline but an increase in businesses failures in key industry…

#bank#cash-flow#Clear


Slovak factoring rose 5.5% in H1 2007

The Slovak factoring market rose by 5.5% in H1 2007, compared to a H1 2006 year-on-year increase of 47%, which…

#Clear#non-recourse factoring#receivables


UniCredit and Capitalia announce merger

The UniCredit and Capitalia Board of Directors today approved the merger of Capitalia S.p.A. in UniCredito Italiano S.p.A. The merger…

#banks#Clear#management


Cattles Invoice Finance plans strategic acquisitions

Cattles Invoice Finance has made its ambitious growth plans clear by securing a financial commitment from parent company, Cattles PLC,…

#acquisition#Clear#invoice


Brussels' appetite growing for EU-wide tax base

The European Commission is set to press ahead with introducing a single EU company tax base by 2010 in only…

#Clear#European Commission#i


State bank to increase service for troubled small firms

Korea Development Bank will continue to support small companies this year and will establish a private equity fund as part…

#bank#Clear#i

Vineyard ABL deal financed by Lloyds TSB CF

The Birmingham office of Lloyds TSB Commercial Finance (LTSB CF) has backed the funding of a wine-making business (more…)

#Clear#commercial finance#funding

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