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Europe

GE Commercial Finance in refinancing deal with British valve...

An Ј8 million refinancing deal, including Ј3.5 million provided by GE Commercial Finance, (GECF) has enabled St. Helen’s-based Delta Fluid Products Limited’s management team to redeem the entire acquisition finance originally provided by Close Brothers. Delta’s management team, led by...

#acquisition#commercial finance#funding

Small business fury over tax break 'U-turn'

Gordon Brown closed a tax loophole for self-employed people two years after he created it, in a U-turn that infuriated…

#Deloitte#Paid#small business


Chancellor all 'enterprise' talk and no action – ACCA

Responding to the Chancellor's budget speech, the Association of Chartered Certified Accountants (ACCA) was disappointed with the ways the Chancellor…


Surge in small business happiness

According to the latest quarterly survey by Bank of Scotland's (BoS) corporate banking arm, net optimism - the balance of…

#bank#economy#small business


EIB’s loans exceed 1 billion euros in 2003

The European Investment Bank (EIB), the European Union’s long-term financing arm, provided a total of Ђ1.2 billion for projects in…


EBRD delegation to sign new agreements

A nine-member delegation of the European Bank for Reconstruction and Development (EBRD) Board of Directors are in Bulgaria to sign…

#bank#smes#Two


EIB plans key regional role for Greece

Greece will play a key role in the European Investment Bank’s (EIB) activity in the Balkans and the Mediterranean, according…


US$3 million loan for Moldova’s SMEs

Thessaloniki-based Black Sea Trade & Development Bank (BSTDB), an international organisation, has granted a three year US$3 million loan to…

#bank#international#smes


VAT rules to change on 1 May 2004

A slew of changes to the law on value-added tax are being passed by Parliament. Among these are: An easing…

#cash-flow#exporters#regulation


Guidance on calculating late payment interest needed

Almost three quarters of the 1,476 businesses surveyed on the Better Payment Practice Group’s (BPPG) website admitted that they are…

#interest#late payment#management


Polish unit of Raiffeisen sees 2003 profits leap, SME...

Raiffeisen Bank Polska, the Polish subsidiary of the Austrian bank, used 2003 as a chance to build out its business…

#bank#management#Raiffeisen


Franchising – a winning formula

Franchising is a winning formula for budding entrepreneurs looking to gain a first foothold in setting up their own business.…

Re-positioning SMEs in the global market

Federation of Industries (FOI) president Anton Borg launched the forthcoming FOI conference to be held on 30 March when he…

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