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FDA Half Year Figures Show 18% Increase in Total...

The Factors and Discounters Association (FDA), the trade body representing factors and invoice discounters in the UK, has released the following figures. The figures show that the industry has maintained a healthy rate of growth during the first half of...

#BCR Publishing#international#invoice

Amendment to Late Pay Act Affects Small Businesses

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


Insolvency Statistics Show Decrease on Previous Quarter

Statistics showing insolvencies in the third quarter 2001 are published today (2 November) by the Department of Trade and Industry.…

#BCR Publishing#insolvencies#insolvency


Exim Director Claims War Could Benefit Indian Factoring Industry

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 Appoints New Regional Manager

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


GTF Targets Export Factoring Business Worth $200m

Global Trade Finance Private Limited (GTF) is looking at doing export factoring of $200 million and forfaiting business of $20…

#bank#exporters#global trade


Appointments at Five Arrows

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 Record Steady Growth in spite of Economic...

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 to Seek London Listing

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


DTI Grants RBS/EFS Merger Clearance

The Secretary of State for Trade and Industry has decided on the information at present before her, and in accordance…

#acquisition#bank#BCR Publishing


Global Trade Finance Commences Trading Today

The new Indian factoring and forfaiting company Global Trade Finance, a joint venture between EXIM Bank and West LB, is…

#bank#conference#credit protection


Merchant Commercial Finance Records 40% Turnover Increase

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

Industry Ministry Lobbies to Establish New SME Bank

The Industry Ministry wants laws establishing a new SME bank to explicitly protect lending officers from legal liability if assets…

#bank#banks#risks

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