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A boost for small businesses, offering bigger loans to fund expansion plans, was announced by chancellor Gordon Brown today. For firms less than three years old with turnovers of Ј5.6 million or less, loans under the small business guarantee scheme...
#guarantee#guarantee scheme#interest rates
Research by the Better Payment Practice Group (BPPG) has found that nearly 11% of businesses would pay their customers late…
National Factoring Company Uralsib-NIKoil (new "factoring" brand of financial corporation Uralsib, ex financial corporation NIKoil) has established its first subsidiary…
Skipton Business Finance Limited (SBF), a subsidiary of Skipton Building Society, has reported a profit before tax of Ј407,050 for…
#business finance#Skipton Business Finance#working capital
Eurofaktor, the country’s largest non-banking factoring company, has revealed plans to debut on the Warsaw bourse. Eurofaktor hopes to raise…
Franfinance Polska has changed its name to SG Equipment Leasing (Polska). "The main reason is our strategy which aims to…
#leasing#Societe generale
GMAC Commercial Finance Group has begun operations in the Polish market. The company is offering its customers a record keeping…
#commercial finance#financial services#risk
Slovakia's big three banks will launch on October 1 a credit register aimed at reducing the number of unpaid loans…
#banks
The International Finance Corporation (IFC) plans to open credit facilities worth more than US$35m for private companies in Ukraine in…
#banks#international#Vice president
Small and Medium Enterprises Development Agency (SMEDAN), has reached agreement with the United Nations Development Programme (UNDP), in Nigeria for…
#bank#smes
So far, credit insurance has primarily been the domain of specialist brokers that have a good understanding of the products.…
#insurance
Abbey National plans a sustained attack on the market for banking services for small- and medium-sized enterprises after the completion…
#bank#management#small business
Foreign direct investments in Bulgaria for the first seven months soared to Ђ1.34bn, up from Ђ795.6m year-on-year, the Bulgarian National…