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management

Potential Finance results ‘disappointing’ 2003

Potential Finance Limited, the independent Brentwood-based debt factoring company, has announced a pre-tax loss of Ј1.22 million for the year to 30 September 2003, compared to a profit of Ј173,409 for the twelve months to 30 September 2002. Turnover in...

#bad debts#factoring industry#management

Factoring company obtains ISO 9001 certification

Compagnie Gйnйrale d’Affacturage (CGA), the wholly-owned factoring subsidiary of Sociйtй Gйnйrale has become the first factoring company in France to…

#debt collection#international#invoice


Bad debts a growing problem for exporters – IEA...

Over half of Irish exporters had customers who did not pay them over the last year, according to a survey…

#bad debts#cash-flow#exporters


Exporters increasingly shun ECGD support scheme – CBI chief

CBI chief Digby Jones has accused the government of undermining support for British exporters and exacerbating the number of manufacturing…

#exporters#exports#international


New chief financial officer appointed at Intrum Justitia

The new chief financial officer (CFO) at Intrum Justitia has been named as Bo Askvik, who will also become a…

#bank#i#international


Ministry allocates US$12 billion to SMEs

The Ministry of Small and Medium Enterprises Development (SMED) has mobilised $12 billion for on-lending to small- and medium-scale enterprises…

#bank#funding#management


IFC convenes conferences on SMEs

The North Africa Enterprise Development (NAED), a regional small- and medium-sized enterprise (SME) business development facility programme managed by the…

#bank#conference#international


Asset-based lending on the up according to LTSB Commercial...

More businesses are borrowing using asset-based lending (ABL), according to new statistics from Lloyds TSB Commercial Finance. The company increased…

#commercial finance#funding#invoice


SME cash flow concerns increase as expected business growth...

According to the OPEN Small Business Network 2004 Semi-Annual Monitor from American Express, new hiring is driven largely by growth…

#American Express#cash-flow#management


Venture Finance expands with launch of Newcastle office

Venture Finance PLC, the asset-based financier, today extends its support for small- and medium-sized companies (SMEs) in the North East…

#insolvency#invoice#management


Standard Chartered launches international receivables finance and signs credit...

China Export & Credit Insurance Corp (Sinosure) has signed a landmark deal with Standard Chartered Bank (SCB) to jointly offer…

#bank#exporters#international


SME Invoice Finance profits top Ј400k

SME Invoice Finance Limited has announced results for the financial year to December 2003 following their annual audit undertaken by…

#invoice#management

Lloyds TSB Commercial Finance funds Dantec buy-out

A Moreton-based manufacturer of specialist hose for the oil industry and Formula One racing has been bought by its management…

#commercial finance#management

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