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Europe

Economic uncertainty hits businesses hard

Leading business information provider, Equifax, has released an interim report on business failures which shows there have been year on year increases across all sectors and all regions of the UK (more…)

#bank#Equifax#management

Banks accused of being Scrooge-like as SMEs struggle to...

The Federation of Small Businesses accused banks of being 'Scrooge-like' as its poll of 5,000 members showed that 30 per cent had…


Asset based lending grows during credit crunch

Venture Finance recently conducted a study in which they asked accountants to rate the attractiveness of various business finance options…

#bank#business finance#invoice


BoS to offer small business support package

Bank of Scotland is finalising negotiations with the European Investment Bank to secure funding to support its SME customers (more…)

#bank#funding#investment


UK banks failing to support SMEs

According to official figures lending by major banks rose by almost £1bn in the third quarter, yet small firms are still…


Bank of England cuts rates to historic low

The Bank of England has announced a cut in interest rates in an effort to stave off the threat of…

#bank#Bank of England#interest rates


Anglo Irish Bank to create Ђ500m SME fund

Anglo Irish Bank today became the third bank to offer a fund to provide term and working capital to SMEs…


Banks’ lending risk to small business overstated

The Forum of Private Business believes that the banking sector should be put under more pressure based upon what its…

#forum#liquidity#NatWest


Lloyds TSB, HBOS announce small business support packages

Lloyds TSB and Halifax Bank of Scotland (HBOS) have announced packages to help small businesses weather the financial storm (more…)


Government announce Ј30m SME fund

Business secretary Peter Mandelson has announced a new 30m fund to invest in SMEs (more…)

#investment#smes


Davenham pull back from property lending

Davenham Group plc have announced that due to market uncertainty they will be pulling back from property lending (more…)

#funding#invoice#leasing


Postbank, EBRD to give EUR25.57m aid to SMEs

Bulgarian Postbank plans to allocate BGN50m (EUR25.57m) to SMEs as of December 1 (more…)

#bank#interest rate#interest rates

National Factoring Company bonds included in Lombard List

The Central Bank of Russia has included the bonds of National Factoring Company JSC into the Lombard List (more…)

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