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Small Business Service to lose most of budget in...

The government agency with a remit to foster the growth of small business in Britain is facing substantial cuts, it emerged yesterday. The Small Business Service, set up in 2000 to encourage and support entrepreneurs (more…)

#FSB#small business#small businesses

Unicredit to announce Pekao's new managing board

Italy's Unicredit will soon announce the make-up of the managing board of the Pekao bank after its merger with Bank…


EBRD loan to support micro enterprises

The European Bank for Reconstruction and Development (EBRD) is lending to Mikrokreditna Organizacija EKI, the third-largest non-bank micro finance institution…

#Access to Finance#bank#microfinance


Factoring is booming at Ultimate Finance

Factoring group Ultimate Finance has unveiled a huge rise in profits. The Bristol firm clocked up a pre-tax earnings of…

#banks#invoice


CBI forecasts better growth in 2006 – slowing next...

The UK economy has continued to pick up in the second quarter of 2006, with surprisingly robust GDP growth of…

#bank#Bank of England#exports


Bank Muscat supports SMEs through Al Wathbah programme lending...

BankMuscat has been supporting the small and medium scale enterprises (SMEs) in the Sultanate through Al Wathbah programme, which offers…


KFW to lend US$20m for Promsvyazbank SME financing programme

Germany's Kreditanstalt fur Wiederaufbau (KfW) has signed an agreement to lend Russia's Promsvyazbank US$20m over seven years to finance small-…


HSBC's Business Credit Facility for SMEs

In line with its objective of a focused and tailored approach to the specific needs of small- and medium-sized enterprises,…


Italy aims to become gateway for China to enter...

Italian Prime Minister Romano Prodi said Italy welcomes more Chinese companies to develop trade ties with Italy, following on from…


Local banks provide SME financing schemes

The government has put in place a supportive and conducive environment for the development of local SMEs. In this regard, the…


New players help factoring market up to E1bn

ING Commercial Finance, the specialised factoring service division of the ING Group, will mainly target small entrepreneurs and focus on…


Close Invoice Financing launches IDeal for SME users

Close Invoice Financing, a subsidiary of Close Brothers Group, has launched a new invoice financing system it says can work…

#financial services#invoice#Sage

Innovative funding for SMEs needs legislation

The regulatory framework, pending in draft stage for years, must be effected to protect service providers from recovery (more…)

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