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New name for London Scottish Bank factoring division

London Scottish Bank plc, the specialist financial services company, has announced that its two factoring companies, Sygnet and Isis, will be merged into one combined company, London Scottish Invoice Finance Ltd., with immediate effect. Both Sygnet and Isis were acquired...

#bank#factoring industry#financial services

Davenham appoints Southern Regional Director

Andy Dimmock has been appointed southern regional director of Manchester-based Davenham Group with immediate effect. Commenting on his new role…

#commercial finance#funding#i


EBRD to invest up to 150 million euros in...

The European Bank for Reconstruction and Development (EBRD) will invest between Ђ120m and Ђ150m (SKK 4.97bn - SKK 6.21bn) in…

#Allianz#bank#economy


NMB-Heller Ј5.5m acquisition funding heralds bright future for West...

Leading asset-based lender, NMB-Heller, has provided a Ј5.5 million facility to assist in the acquisition of two divisions of West…

#asset-based lender#funding#invoice


Professional Staff completes public to private equity deal using...

Professional Staff Ltd, the international staffing and recruitment specialist has completed a public to private equity deal, using an 'industry…

#commercial finance#funding#international


FP6 research funding opportunities, rules and processes online

SME TechWeb, the information service for small- and medium-sized enterprises (SMEs) seeking European research funding, has been revamped to provide…

#European Commission#funding#smes


Merrill Lynch Global Asset-Based Finance in new Medallion credit...

Medallion Financial Corp, a commercial finance company and owner of the largest taxicab rooftop advertising company in the world, announced…

#asset based finance#commercial finance#funding


NMB-Heller & Grant Thornton in Aquadart MBO deal

Dartford-based business Aquadart has been bought out of Andover-based parent company, Croydex Group Plc, via an invoice discounting and cashflow…

#acquisition#funding#invoice


Dynamic announces first half 2003 results

Dynamic Commercial Finance plc has continued to grow profitably during the first six months of 2003, producing a profit before…

#commercial finance#funding#receivables


Morgan Stanley urges more focus on SMEs

The restructuring of the Malaysian economy and its banks since the 1997/98 Asian financial crisis has been a success, but…

#banks#funding#GDP


EBRD lends Ђ150 million to aid Volksbank's east European...

The European Bank for Reconstruction and Development (EBRD) yesterday (9 September) said it will lend up to Ђ150 million to…

#Access to Finance#bank#funding


Government to address SMEs’ weak capital base

With insufficient capital investment in the financial market of Ghana’s economy, the government, through the Ministry of Finance and Economic…

#economy#financial institutions#funding

Liquidity cramp grips small firms

A liquidity shortage has been cramping the nation's small and mid-sized businesses (SMBs). The Korea Federation of Small and Medium…

#bank#banks#digital

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