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More business failures on the horizon – Euler Hermes

A slowing economy may increase the number of small-business failures next year, announced global insurer Euler Hermes (more…)

Bibby offers help under Small Firms Loan Guarantee Scheme

Bibby Financial Services (BFS) has announced it is now able to offer funding to UK businesses under the Small Firms…


CEO Immelt singles out GECF as growth driver

The global operations of GE Commercial Finance (GECF) has reported revenues up 10 per cent for the six months ending…


Business start-ups increase 25% in Q1

A big rise in the number of businesses started by entrepreneurs in the first three months of this year was…

#bank#management#small business


Credit still too expensive, says SME agency

Small- and medium-sized enterprises (SMEs) have easier access to credit but the cost of loans is still high, said the…

#bank#interest rates#security


London Scottish Invoice Finance profits up 15%

London Scottish Bank plc (LSB) reported pre tax profits up 13.4 per cent from £7.3m to £8.2m in the six months…


Erste doubles capital at factoring unit

Erste Bank Hungary announced it has raised registered capital at its factoring unit, Erste Faktor, by (more…)


Davenham expected to continue good progress – Coates

Davenham Group chief executive David Coates says the small business financier is on track to meet its trading objectives as…

#3M#small business


Union Bank to ramp up SME funding

Union Bank of India plans to lend to the small and medium enterprises (SME) segment in a big way to…

#bank#funding#Union Bank


Business failures up 8% in H1

Business failures in the UK rose in the second quarter of 2006 compared to the same period in 2005, bringing…


MFB lowers rate on subsidised loans for SMEs

The Hungarian Development Bank Rt (MFB) announced it would lower the rate on special state-subsidised loans for businesses available under…


TAOSC announces bank loan support for Taiwanese SMEs in...

Chen Yunlin, the director of the Taiwan Affairs Office of the State Council (TAOSC) of China announced that in future,…

Company liquidations continue to rise in H1

The number of legal cases brought by Hungarian companies trying to collect overdue receivables increased by (more…)

#bankruptcy#receivables#risk

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