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The wholesale credit squeeze that triggered the run on Northern Rock is feeding through into tighter lending to businesses, according to credit brokers. (more…)
The Department of Trade and Industry is urging SMEs to tap a P280m export promotion fund. (more…)
#emerging markets#exporters#management
Local and foreign commercial financial institutions loaning funds to foreign operators of overseas projects, will be able to receive loan…
Saed Al Awadi, CEO, Dubai Export and Development Corporation (DEDC) explained that one of the goals of the DEDC is…
#exporters#exports#international
The idea of selling receivables may once have been looked on askance by Canadian businesses. (more…)
A Vietnamese state-owned debt management firm has taken over debts worth VND77bn (US$4.8m) owed by two public sector sugar companies.…
South China's Guangdong Province is extending its credit database for SMEs to give them improved access to bank loans. (more…)
#bank#Bank of China#banks
Eurofaktor, the first factoring firm to have been floated on the WSE in 2004, is abandoning its core activity for…
#debt collection#insolvency#Paid
J. Michael Stanley, MD at Rosenthal Rosenthal Inc.'s factoring division, is a key player in the industry. (more…)
Bibby Financial Services has launched a new business in India as part of its expanding global network. Based in New…
#cash-flow#commercial finance#financial services
Research by Venture Finance suggests that 68% of SMEs would turn to their accountant when experiencing problems with their bank. (more…)
#bank#Funding Options#small business
Up to 74% of Britain s entrepreneurs expect the regulatory environment for SMEs to become more, rather than less burdensome.…
#bank#regulation#small business
Ned Davis Maraman, owner of Daman Tools in Cleveland has been indicted for wire fraud and money laundering. (more…)
#bank#factoring fraud#invoice