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Credit guarantee scheme extended to SMEs

Turkish Prime Minister Recep Tayyip Erdogan said a credit guarantee system would be launched for SMEs in Turkey. (more…)

Challenge Finance enters administration

South East based factoring and invoice discounting business Challenge Finance Limited has been placed in administration. (more…)


Survey of Russian factoring market

A survey of Russian factors showed that a majority had seen a fall in business volume during the first quarter…

#banks#risk#trade


ABFA figures show fall in total funding

The asset based finance industry today released its latest figures, with the industry showing an expected fall in total finance…


RBI looks set to intervene to increase SME lending

RBI governor worries that Indian SMEs are still not getting enough credit. (more…)

#banks#interest rate#interest rates


North East hard hit by late payment

SMEs in the North East of England already struggling to cope with the effects of the economic downturn, are owed more…


Debt turning increasingly bad

Research has revealed the overwhelming scale of bad debt being suffered by UK businesses at the front-line of the recession.…

#alternative funding#Funding Options#invoice


Developing the Asian offering

Sunil Mascarenhas, Head of Receivables Finance for HSBC in Malaysia, talks to Factorscan about the development of the industry and…


Insights into 'Factoring in Russia – 2009'

Last month, Moscow hosted the annual conference 'Factoring in Russia - 2009', bringing together 120 players from the industry. (more…)

#conference#international#international factoring


GE Capital extends C$130 million facility

GE Capital extends C$130 million asset-based credit facility. (more…)

#corporate finance#liquidity#WHO


Chamber of Commerce establishes SME Committee

The Bahrain Chamber of Commerce and Industry (BCCI) has launched a new strategy designed to aid SMEs in realizing their full…

#bank#exports#international


Bankers association cuts prepayment for SMEs

The Thai Bankers Association last week agreed to reduce prepayment fees for small and medium-sized enterprises. (more…)

GroFin Africa Fund extends $160 million to African SMEs

A company specialising in financing general businesses, GroFin Africa Fund (GAF), yesterday launched a $160 million scheme for small and…

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