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The EBRD is providing a US$6m credit line for Basisbank to support its lending to MSME. (more…)
#bank#MSME#risk
According to Coface the number of bankruptcies in Romania grew to 7,500 this year. (more…)
#Commercial Credit#insurance#management
The board of Banca Italease has approved a EUR700m capital hike and a new 2008-2010 business plan. (more…)
#bank#guarantee#management
More than half of entrepreneurs are gambling their own personal savings to set up their business, according to the annual business survey…
EBRD have announced it would lend the Bulgarian arm of Greek banking group Piraeus €35m under four credit lines. (more…)
Fitch Ratings has assigned state owned Export-Import Insurance Company of the Republic of Belarus a financial strength rating of B,…
Cattles Invoice Finance has appointed Andy Clarke as group risk and operations director. (more…)
#i#invoice#management
Although Britain s bosses recognise the benefits of adopting CSR procedures, business issues are preventing them from initiating any measures. (more…)
#financial services#investment#trade
Many small businesses are currently experiencing cash flow difficulties without the means to rectify the situation. (more…)
Barclays has announced the launch of its supplier finance service aimed at corporate customers and their suppliers. (more…)
#international#International Trade#management
The wholesale credit squeeze that triggered the run on Northern Rock is feeding through into tighter lending to businesses, according…
Eurofaktor, the first factoring firm to have been floated on the WSE in 2004, is abandoning its core activity for…
#debt collection#insolvency#Paid
Research by Venture Finance suggests that 68% of SMEs would turn to their accountant when experiencing problems with their bank. (more…)
#bank#Funding Options#small business