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Bank NORD/LB Latvia and European Investment Bank (EIB) have signed an agreement on credit facility of Ђ10m. The funds will be used for long-term lending to small- and medium-sized enterprises (SMEs). Andris Ozolins, NORD/LB Latvia president, explained that SMEs are...
#bank#Nord/LB#SME lending
“The members of the German Factoring Association (GFA), representing over 95% of the market, achieved a total volume of Ђ35.08…
#bank#factoring industry#German Factoring Association
According to the latest Bibby Financial Services small business survey, the three biggest problems facing owners and managers today are…
In the first five months of the year the volume of domestic factoring operations of BRD – Groupe Sociйtй Gйnйrale…
#bank#insolvency#management
The European Investment Bank (EIB) granted a loan on 6 July of Ђ70 million to Italian bank Banca Sella and…
Venture Structured Finance PLC, the Cambridge-based asset-based lender, has provided funding for the takeover of pioneering global freight and logistics…
#asset-based lender#Clear#funding
A country's record on business start-ups is usual seen as a key indicator of the economy's health. But when it…
Funding for small- and medium-sized businesses is being launched on Anglesey. The Ј1.2m Business Development Fund (BDF) aims to strengthen…
#funding#i#investment
Dynamic Commercial Finance, the Aim-traded factor and invoice discounter, has accused its hostile bidder of trying to gain control on…
#asset management#bank#commercial finance
Reacting to the Bank of England's decision to leave interest rates unchanged, CBI chief economic adviser Ian McCafferty said: "The…
#bank#Bank of England#inflation
RDM Factors has reported a 38 per cent fall in full year net profits for 2003. The independent UK factoring…
The Bank of England has decided to leave interest rates at 4.5 per cent for July. Rates were left unchanged…
Alpha Bank, the Greek finance group and owner of the country’s largest factor – ABC Factors – has reported a…
#bank#smes