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EU aims to make life easier for cross-border SMEs

Despite making up the bulk of service providers, many small- and medium-sized enterprises (SMEs) are at the moment failing to take proper advantage of the opportunities offered by the EU's Single Market. The European Commission puts the blame on administrative...

#European Commission#financial services#security

Electronic signatures gain legal status

Electronic signatures will carry the same legal weight as written ones, when a new law comes into force in 2005.…

#digital#e-commerce#security


EBRD report upbeat about economy but criticizes bankruptcy laws

The European Bank for Reconstruction and Development (EBRD) has identified flaws in the legal framework for business and the bankruptcy…

#bank#bankruptcy#insolvency


Cattles funds acquisition for Elite

Elite Security in Hunslet, Leeds, has acquired London-based Mison Security with funding provided by Cattles Invoice Finance. Elite Security was…

#acquisition#funding#invoice


Government helps small business through simplified taxation but red...

Prime Minister Mikhail Kasyanov hailed the growing role small businesses are playing in the economy, but called on the government…

#bank#international#regulation


Banks to tighten lending to smaller companies

With the nation's economic slump leaving a raft of companies behind on their debt payments, domestic banks are moving to…

#bank#financial services#guarantees


RBS Commercial Services’ bad debt protection

More and more businesses using invoice finance are protecting themselves against bad debt caused by the failure of one or…

#bank#international#invoice


NIS30 million state fund to give loans to small...

The new fund for loans to small businesses will begin operations in the next few days after the Knesset Finance…

#bank#recession#security


Firm folds under factoring agreement when ES Bankest forced...

What started as a helping hand has strangled a struggling local tech firm. Chantilly-based Stratesec abruptly shut its doors because…

#bank#cash-flow#international


Supreme Court hears Sorabjee on Securitisation Act

Attorney General Soli J Sorabjee today defended the Securitisation Act in the Supreme Court. The Court was hearing petitions challenging…

#banks#financial institutions#interest


SME credit threshold rise diminishes trade credit data

In July the Department of Trade and Industry (DTI) announced new proposals to raise medium-sized company thresholds to the EU…

#management#security#smes


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

Four out of five Ontario small businesses hurt by...

Last month's electricity blackout hurt 82 per cent of small businesses in Ontario and cost the provincial economy between $1bn…

#economy#security#small business

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