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finance

Cattles Invoice Finance Limited announces soaring profits in 2003

Cattles Invoice Finance Limited, the Manchester-based factoring company, have released financial statements for the year to 31 December 2003 showing pre-tax profit of Ј1.12m an increase of 45.13% compared to the 2002 figure of Ј772,583. Turnover in the same period...

#cash-flow#financial services#funding

Siemens Financial Services aggressively expands commercial finance and asset-based...

Siemens Financial Services, Inc. (SFS), the US financial services arm of Siemens AG, today announced the further expansion of its…

#business finance#commercial finance#financial services


Ultimate Finance Group – directorate change

Ultimate Finance Group PLC 12 November 2004 Ultimate Finance Group plc 12 November 2004 directorate change and result of Annual…

#invoice#management#recourse factoring


GMAC Commercial Finance opens Polish office and secures deals...

GMAC Commercial Finance (GMAC CF) has today announced its success in securing six commercial finance deals in Poland, worth over…

#commercial finance#export finance#financial services


Criminals “joining finance firms”

People involved in organised crime are applying for jobs in finance firms so they can commit fraud, the Financial Services…


Inter-Europa Bank to borrow Ђ25m to finance SME projects

Inter-Europa Bank will take out a Ђ25m loan from parent bank SanPaolo IMI SpA under a recently signed agreement to…


47% ICAEW members think use of invoice finance is...

Recent research conducted by the Institute of Chartered Accountants in England & Wales (ICAEW) revealed that the SME sector is…

#bank#cash-flow#invoice


Late payment is still a chronic problem for Midlands...

Over half of Midlands owner-managers feel their business is being held back because of late payment by their customers. At…

#cash-flow#funding#invoice


Structured finance lifts credit clouds over SMEs

German bankers may not like to admit it, but for the first time in post-war German history, the country's small-and…

#bank#bank loan#Deutsche Bank


Texas-based insurance and finance group announces launch of equipment...

American International Group, Inc. (AIG) today announced the formation and launch of AIG Commercial Equipment Finance, Inc. (AIG CEF), a…

#AIG#financial services#international


Enterprise Finance Europe provides ID fuel for construction MBO

Enterprise Finance Europe (EFE), one of the UK's leading asset-based lenders, has provided the senior management team at West Midlands-based…

#funding#invoice#management


Potential Finance Group appoint managing director

Potential Finance Group PLC (PFG) has appointed Colin David Swanston as managing director of Potential Asset Finance Limited (PAF) to…

#business finance#commercial finance#funding

Bancoldex to offer new SME credit line, minister urges...

Colombia's export development bank Bancoldex will approve a new line of credit worth 1.5 trillion pesos (US$587m) for small- and…

#bank#banks#smes

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