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Europe

New SME fund launched

It has been announced today that SMEs in the East Midlands could gain access to finance through a new fund (more…)

#guarantee#management#small businesses

Factoring in the Balkans – Romania

Mihaela Dimitriu, Director of BRD Groupe Societe Generale, examines the state and development of the Romanian factoring industry. (more…)


Alternative finance the key for small firms

With a 51% rise in the number of firms going bankrupt in the Q4 2008, Bibby Financial Services is urging SMEs to…

#bank#financial services#insolvency


Cartu Bank to receive $20m from EBRD

Cartu Bank is expected to receive US$20 million funding from the European Bank for Reconstruction and Development (more…)

#Access to Finance#bank#funding


'Improve credit access' urges CBI

The credit crunch will get worse for British firms without government action to improve access to new finance, business group…

#Clear#funding#Jobs


Credit insurers unimpressed by Govt proposal

Britain's three biggest credit insurers are in talks with Baroness Vadera, minister for small business, over plans to overhaul the…


Barclays boost for SMEs

Barclays has announced cuts in its small business interest rates, making repayments more affordable for customers borrowing in the UK…

#bank#Bank of England#interest rates


Surge in company insolvencies

The number of companies which became insolvent in Q4 2008 jumped by 51 per cent, providing further evidence of the deteriorating UK…


National Factoring Company pays off syndicated loan facility

Despite reporting a decrease in net profit, National Factoring Company has paid off the syndicated loan facility arranged by Standard Bank Plc and…

#bank#cash management#international


Banks are still open for new business

Research into the availability of business credit casts doubt on claims that banks have completely closed their doors on lending…


Ulster Bank unveils Ј250m fund to help struggling SMEs

The Ulster Bank today set up a £250million Regional Fund to support SMEs in Northern Ireland through this year (more…)


NatWest, RBS announce Ј3bn extra funding for SMEs

NatWest and RBS have announced that they are to make an additional £3 billion funding available to SMEs in 2009…

Bank of England cuts interest rates to 1%

The Bank of England has reduced interest rates to a record low of 1% from 1.5% in an attempt to…

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