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Close Invoice Finance Ltd, the factoring and invoice discounting subsidiary of Close Brothers Group plc, has purchased the book of Singer & Friedlander Factors Ltd. Details of the transaction are, as yet, thin on the ground. BCR Publishing spoke to...
#BCR Publishing#invoice#SME financing
The Factors and Discounters Association (FDA), the trade body representing factors and invoice discounters in the UK, has released the…
#BCR Publishing#international#invoice
On 1 November 2002, the Late Payment Act will be extended to allow large businesses to claim interest from smaller…
#invoice#late payment#small business
Statistics showing insolvencies in the third quarter 2001 are published today (2 November) by the Department of Trade and Industry.…
#BCR Publishing#insolvencies#insolvency
A Finance Ministry official has commented that even though the attack on Afghansistan has not done the economy any good,…
#bank#Exim Bank#exporters
Bibby Trade Finance has appointed Michael Andrew as regional manager responsible for sourcing and developing new business opportunities for Northern…
#business finance#cash-flow#funding
Global Trade Finance Private Limited (GTF) is looking at doing export factoring of $200 million and forfaiting business of $20…
#bank#exporters#global trade
Five Arrows Commercial Finance has further strengthened its senior management team with the recent announcement of several promotions. Clive Cosgrove…
#commercial finance#debt finance#management
Canbank Factors, India’s largest factor by market share, have released their annual accounts for the year ended 31 March 2001.…
#assignment#assignment of receivables#financial services
Davenham Group plc, the niche provider of asset-based specialised finance solutions to the UK small and medium-sized enterprise (SME) market,…
#bank#management#smes
The Secretary of State for Trade and Industry has decided on the information at present before her, and in accordance…
#acquisition#bank#BCR Publishing
The new Indian factoring and forfaiting company Global Trade Finance, a joint venture between EXIM Bank and West LB, is…
#bank#conference#credit protection
The London-based trade finance company, Merchant Commercial Finance, has recorded a 39.7% increase in turnover in the year ended 28…
#commercial finance#export finance#financial services