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Bank of England fears squeeze on companies

Evidence that the credit squeeze will hurt the UK economy has emerged with a BoE survey showing companies were likely to be hit hard by higher borrowing costs. (more…)

#bank#Bank of England#financial services

Bibby move into India

Bibby Financial Services has launched a new business in India as part of its expanding global network. Based in New…

#cash-flow#commercial finance#financial services


Martin selected to chair Credit Guarantee board

Alwyn Martin is to take on the position of chairman for Insurer Credit Guarantee.   (more…)

#guarantee#WHO


SMEs receive export training from Australian experts

The Indonesian and Australia governments are jointly providing funding for a special project to build the export capacity of SMEs in…

#exports#international#smes


Banca Italease board change attracts investors

IPotential new investors are keen to enter the share capital of Banca Italease, the Italian leasing and factoring company that…

#banks#Credit Suisse#investment


Former Bankest chairman sentenced to 20 years

Eduardo Orlansky, former chairman of E.S. Bankest was convicted last year of 44 fraud and money-laundering counts. (more…)

#bank#WHO


Euler Hermes appoints new head of legal & Secretariat

Richard Barnett has been appointed Head of Legal and Secretariat for Euler Hermes UK Plc. (more…)

#insurance#management#reinsurance


WASME support for SME goes public

Representative of WASME made a proposal for supporting SMEs to raise equity capital by going public with an IPO. (more…)

#banks#bonds#international


Lloyds TSB CF funding package boosts IT recruitment firm

Ifftner Solutions is on target to almost double its sales and staff numbers due to the new corporate strategy. (more…)

#cash-flow#commercial finance#funding


Barclays Asset & Sales Finance boost asset-based team

Barclays Asset Sales Finance has made four new hires to its commercial finance team in the UK. (more…)

#bank#Boost#commercial finance


New online receivables trading business chooses New Orleans

New Orleans Exchange has set up a virtual marketplace for companies that buy and sell accounts receivables, invoices and other assets. (more…)

#bank#receivables#trade


VARs should factor for late payments, e-bcm warns

e-bcm is urging more SME resellers to consider the option of factoring as a way of solving late paying customer…

#bad debts#late payment#management

Sharp's raises Ј3.2m in new funding

Sharp's Brewery has obtained a GBP3.2m funding package from The Royal Bank of Scotland. (more…)

#3M#bank#invoice

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