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Europe

New credit line opens finance options for SMEs

Slovakia’s small- and medium-sized enterprises (SMEs) could be on the receiving end of Ђ10m in new credit because of a loan to Ludova Banka from European Bank for Reconstruction and Development (EBRD). Thanks to this credit line, Ludova Banka can...

#bank#cash-flow#interest rate

SME lending projected to double this year

Small- and medium-sized enterprises (SME) will apply for far more loans than last year, according to a survey conducted by…

#bank#SME lending#SME loans


Merger on hold for Credit Agricole’s factoring unit

The factoring divisions of French banking groups, Credit Agricole and Credit Lyonnais, have made considerably less progress in merging than…


Chief executive of UK factor resigns ahead of interim...

Potential Finance Group plc, the UK finance company, says the benefits of a recent restructuring of operations first outlined last…

#commercial finance#factoring industry#interest


Equifax launches web-based debt and fraud tool for SMEs

Equifax Plc, the business information provider, has launched eDecision, an online credit application processing and scoring solution aimed at providing…

#Equifax#fraud detection#risk


Over a third of SMEs paid same invoice twice...

Many small businesses are throwing money down the drain by accidentally paying bills twice, with some companies losing up to…


Business failures fall to a six-year low

The number of businesses going bust is set to fall to a six-year low by the end of 2005 as…

#insolvency#international#International Trade


UK commercial finance firm shines

A key moment for any company is its move into profitability, a milestone that Dynamic Commercial Finance, the UK financier,…

#commercial finance#Paid


Ex-GE Capital manager heads new Midlands finance unit

Enterprise Finance Europe (EFE), the asset-based lending solutions group, is expanding with a new office in Birmingham. Coming up to…


Three new SME schemes launched in Malta

The Malta Enterprise Corporation (MEC) yesterday announced three new enterprise schemes to support small-and medium-sized enterprises (SMEs). The schemes, announced…

#bank#guarantees#investment


SME finance options improve – BoE report

The financial environment for small businesses has improved sharply over the past decade, with a wide range of financial options…

#bank#Bank of England#invoice


SMEs optimistic but fear further rate rises

Nearly seven out of 10 (69%) of businesses surveyed in the latest report from the Tenon Forum said that they…

#bank#forum#interest rates

Small Firm Loan Guarantee – FDA invites its members...

Due to new terms and conditions announced in November 2002 (which came into effect in April 2003) FDA members are…

#guarantee#small business

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