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African Dawn acquires medical factor and discounter

African Dawn Capital has acquired all the issued shares in and claims against Dumont Healthcare for R11.5m. (more…)

Hitelgarancia raises guarantee limit from SMEs

Hitelgarancia has increased its per-contract limit for SME guarantees to HUF 2.5bn. (more…)

#guarantee#guarantees#smes


Government to spend Rs13bn to develop SMEs

The government will spend more than Rs13bn on the development of SMEs until 2015. (more…)

#awards#guarantee#Paid


Banks to bid for US$268m small biz loan guarantees

Fogape was due to be auctioned on 25 September for pesos 138bn in small business loan guarantees. (more…)

#bank#guarantee#guarantees


IFC to compete with banks for SME business

IFC is moving from on-lending with local financial institutions to competing directly with Kenyan based banks for SME business. (more…)


Fending off competition from factoring multinationals

Amanda Chiu, Head of Factoring at DBS Bank, spoke at BCRs Shanghai Conference on the factoring market in China and Fending…

#bank#bank loan#conference


Small businesses remain optimistic in tough times – survey

According to the Discover Small Business Watch, confidence among small business owners fell to its lowest point in a year in…


Coface begins factoring operations in Canada

Coface has begun trade receivables factoring in Canada through Coface Credit Management Canada Company. (more…)

#bank#invoice#management


GE and Credit Orienwise to provide joint factoring to...

GE Commercial Finance has invested US$50m in Credit Orienwise Group via the purchase of shares of COG. (more…)


Coface nears control on SBCE

Coface is near to signing a deal to become the largest shareholder in SBCE.  (more…)


Citibank unveils facility for SMEs

Citibank expects to rope in 20,000 new customers over the next five years through its no-collateral revolving credit facility. (more…)


EBRD extends credit line to Basisbank

The EBRD is providing a US$6m credit line for Basisbank to support its lending to MSME. (more…)

#bank#MSME#risk

Maroc Factoring posts factoring turnover increase

 Maroc Factoring posted a significant rise in turnover. (more…)

#bank

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