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HSBC to grow SME exposure by 30%

The Hongkong and Shanghai Banking Corporation (HSBC) in India expects lending to the SME sector to grow by 30 per cent in the current year. The bank, which started offering specially designed products to Indian SME customers last year (more…)

BoA provides Ј45m L/C, cash management deal for UK...

The business finance unit of Bank of America has provided £45m in senior credit to UK engineer Luxfer Holdings plc…

#bank#business finance#cash management


Iran offers Indonesia export guarantees to boost trade

Iran has offered financial facilities in the form of export guarantees and short-term loans to Indonesia to increase trade between…


BBVA Bancomer to lend US$1.1bn to SMEs in 2006

Mexico's largest bank BBVA Bancomer expects to lend 12bn pesos (US$1.1bn) to about 47,000 SMEs this year. The funds form…


Banque Palatine could lose factoring and leasing divisions if...

Banque Palatine, the bank acquired in 2003 by French savings bank group Caisses d'Epargne from the Italian Sanpaolo group, is…


Bank of England signals interest rates rise

The Bank of England on Wednesday signalled the next move in interest rates was likely to be up as the…


Consolidation continues for international factoring in Brazil

The latest acquisition by Brazil's leading international factoring provider signals another step towards consolidation for the non-domestic market in the…

#bank#guarantees#international


GECF provides invoice discounting facility for Tarmac acquisition

GE Commercial Finance's Business Finance unit has announced a £3.75m invoice finance and cash flow package (more…)

#business finance#cash-flow#commercial finance


EIB to increase credit lines to fund SMEs

The European Investment bank (EIB) is planning to provide commercial banks with new credit lines to fund small and micro…

#bank#guarantee#guarantee scheme


CIMB Islam offers special halal financing package for SMEs

Said to be the first of its kind in the world, the halal financing package will be introduced in (more…)

#bank#CIMB#forum


FDA research finds failure to find funding deters female...

Female entrepreneurship in London is being hampered by a perceived lack of funding, according to research by the Factors and…


Manufacturers optimistic about export prospects

Manufacturers' optimism about future export prospects has improved for the first time since July 2004 (more…)

#Boost#exports#Jobs

GMAC Commercial Finance offers US$2m factoring deal to manufacturer

The Commercial Services Division of GMAC Commercial Finance announced the closing of a US$2m one-year factoring facility to California-based apparel…

#commercial finance#leasing#poland

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