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ECGD backs 151 UK export deals in 2005-06

The Export Credits Guarantee Department (ECGD) has published its Annual Review and Resource Accounts 2005-06, showing it provided  (more…)

Late invoicing puts businesses at risk from late payment...

A recent poll held on the Better Payment Practice Group website asked businesses how soon they issue the invoice after…

#ACCA#invoice#late payment


Government finance to SMEs reaches P95.7bn

The government's lending programme to small and medium enterprises (SMEs) reached P95.71bn as of April this (more…)

#bank#Jobs#SME lending


SME finance boosted by EC risk review

The European Commission has adopted Guidelines to determine when state aid to support risk capital investment in small and medium-sized…

#European Commission#funding#risk


EXIM chief warns on state of economy

EXIM Bank president Veerapong Ramangkura is concerned that the Thai economy may suffer a slump next year (more…)


HSBC expands into Central America

HSBC has expanded into Central America with the acquisition of Panama-based Grupo Banistmo for (more…)

#acquisition#bank#banking services


Cross-border factoring eased by capital tax change

Canada's factoring industry has received a much-needed fillip as a result of the abolition of withholding tax on capital gains…

#factoring industry#Paid#receivables


CIT reports record Q2 new business volume

CIT Group reported net income was US$236m for the second quarter 2006, compared to US$249.1m last year (US$219.4m excluding gains…


GMAC consolidates leasing offering

GMAC Commercial Finance Plc has struck a deal with lessors Vauxhall, Saab Chevrolet Leasing to provide car finance solutions to…

#commercial finance#leasing


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

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