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Factoring companies financed the purchase of claims worth Kc90.6bn in the first nine months, up 20% on a year ago. (more…)
IBM India has launched SME operations in Jaipur as part of its expansion plans to enter 14 new cities in the…
#IBM#SMB#SMBs
More than 50% of all small and medium sized enterprises (SMEs) close shop annually due to lack of finance. (more…)
#financial services#interest#interest rates
Global Trade Finance said it is targeting more than a 100% jump in turnover at Rs5,000 crore this fiscal year.…
#bank#global trade#international
The Private Sector Foundation of Uganda has designed a new initiative to help business enterprises pay back their bank loans.…
#bank#risk#small businesses
30% of Korea's SMEs now plan to add to their existing business or convert to a new enterprise altogether, says survey…
Factors Southwest has announced the appointment of Melissa Huckins as vice president of Business Development. (more…)
Venture Factors Direct is supporting the expansion plans of Growth Sales and Marketing Ltd with a £60,000 online Factoring Facility.…
#Clear#insolvency#late payment
Deloitte and Touche reported that Eurokommerz Commercial Finance experienced substantial growth in H1 2007. (more…)
#commercial finance#Deloitte#investments
Coface Brazil expects written premiums to rise 25% next year compared to 2007. (more…)
#AIG#bank#insurance
Landsbanki Commercial Finance, has provided Industrial Acoustics Company with a $20 million asset based funding facility. (more…)
The Polish Factoring Association predicts turnover of its financial services member businesses will increase by 35% y/y in 2007. (more…)
Economic pressures continue to impact the economy and slow consumer spending, the effect on the retail industry could cause a serious ripple…