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Africa

Credit Guarantee sees rise in debt defaults

Business managers will have to be very watchful of their debtors in the months ahead to ensure that payments are received as per terms. (more…)

Barclays increases unsecured loan limit for SME Customers

Barclays Bank has increased the unsecured business loan limit for the segment in an effort to support growth in the…


SMEs told to exploit loan programmes

Most funds established by the Government for lending to SMEs lack borrowers, a cabinet minister said. (more…)


Exporters ask for trade finance facility to bolster invoice...

A breakfast panel meeting heard that Botswana exporters and industrialists continue to face problems. (more…)


Durban based company becomes major factor in SME sector

In recent years SMEs have come to play an increasingly important role in South Africa's economy. (more…)


Ceda and Bizcapital collaborate

The CEDA Venture Capital Fund has made an investment in BizCapital, a working capital financing institution focusing on SMEs. (more…)


IFC Global Trade Finance Program Expands to Congo

IFC has announced that Rawbank is the first bank in the country to join the IFC Global Trade Finance Program.…


Operator urges SMEDAN to facilitate SME development

The Small and Medium Enterprises Development Agency has been urged to promote and facilitate the development of the SME sub- sector of…


Late payments squeeze SMEs

Delayed payments by the government and big corporations continue to stifle South Africa's SMEs. (more…)

#banks#small business#small businesses


Good news for SME’s as SA catches on to...

Many manufacturing and distribution businesses have now discovered a preferred way of raising finance by using their own debtor book.…


The majority of SME borrowers are women

Women form the bulk of borrowers for funds to finance the operations of SMEs, according to the Zimbabwe Association of Micro-Finance…


High numbers of SMEs are closing annually

More than 50% of all small and medium sized enterprises (SMEs) close shop annually due to lack of finance. (more…)

#financial services#interest#interest rates

PSFU supports SMEs financing

The Private Sector Foundation of Uganda has designed a new initiative to help business enterprises pay back their bank loans.…

#bank#risk#small businesses

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