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ECI survey: Future looks bright for SMEs

Small businesses are optimistic about the coming year, with half expecting to see profit growth of 16 per cent or more, according to a recent SME survey. (more…)

Fibabanka gets factoring license

The Turkish Banking Regulation and Supervision Agency (BRSA) has granted Fibabanka Inc. permission to commence factoring operations. (more…)


Euler Hermes SIAC appoints new Head of Distribution

Mario Five has been appointed a Head of Distribution at Euler Hermes SIAC. (more…)


New research shows businesses ability to settle their invoices...

The lack of availability of credit and the fall in consumer spend are viewed by UK businesses as posing the…


Former DSB boss to launch factoring company

The former boss of Dutch DSB, Dirk Scheringa, is launching a new company next month called DS Factoring, according to…

#bank#interest#management


HCL and Barclays invoice discounting deal probed

London-based Healthcare Locums (HCL), one of the largest suppliers of medical staff to the NHS, has discovered signs of fraud…


Intel’s pharmaceutical branch to raise $100m through factoring

Intel medicine announces its plans to apply for USD$100 million factoring facility from China Minsheng Bank. (more…)


Shanghai sets-up SME funds

The Shanghai Municipal Government, concerned by slow growth rates and rising cases of bankruptcies, has become the first regional government…

#bank#funding#guarantee


ABFA: Invoice finance on the rise

Invoice finance has continued to grow in popularity for both SMEs, as well as larger companies, according to a new…

#asset based finance#credit protection#invoice


Religare focused on SMEs

Religare Finvest Ltd (RFL), a non-banking finance company wholly-owned by Religare Enterprises, plans to remain focused on the SME sector.…

#bank#banks#funding


Coface doubles H1 2011 net profit after cost saving...

The credit insurer Coface has said that net profit more than doubled in the first half of 2011, after being…


Russian market half-year results to exceed expectations

Association of Factoring Companies upgrades the year-end forecast for Russian factoring market volume to RUR700 billion ( 16.73 billion), following…

CRO responds to ISME criticism

A Government group set up to increase the flow of credit to SMEs in Ireland has responded to recent criticism…

#bank#banks#small businesses

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