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Global

Increase in business failures linked to slow world growth

Euler Hermes Global Business Index suggests an increase in the number of business failures over the next year. Following the sluggish state of the economy, which has... (more…)

#economy#GDP#Two

European Parliament pass EU order for payment procedure

A new European Order for Payment procedure was agreed at the European Parliament yesterday that will benefit businesses across... (more…)

#i#regulation


SME Bank and PNS unite to provide more funding...

SME Bank has signed an agreement with Perbadanan Nasional Bhd (PNS) on Monday to offer joint financing agreements that will…

#bank#international#smes


Orbrich launch China’s first international factoring company

The country's first international factoring company, Binhai International Factoring Center, is to be set up in Tianjin Economic-Technological Development Area…

#bank#credit risk#exports


NetBank introduces revolving lines of credit for small businesses

A new alliance between Netbank and Wall Financial Services has been formed to offer secured lines of credit to... (more…)


SMEs given easier access to capital with new alternative...

A new alternative stock market has been launched, under the Copenhagen Stock Exchange, called First North, especially to... (more…)

#international#Produce#smes


Islamic finance scheme aims to triple amount of funding...

As the second scheme of its kind, the newly launched Direct Access Guarantee scheme (DAGS) aims to have about... (more…)

#bank#guarantee#guarantee scheme


Coface UK diagnoses safe credit terms with ‘health check’

Coface UK, the leading provider of credit insurance and now receivables finance solutions, through its UK subsidiary London Bridge Finance,…


Government strategy aims to double credit to SME sector...

The Minister of State for Finance, SS Palanimanickam has announced a plan by the government to achieve a minimum annual…


Bancolombia S.A. announces planned acquisition of factoring company

Bancolombia S.A. has revealed that that it has issued a proposal for the acquisition all of the outstanding shares (15,398,934)…

#acquisition#commercial finance#financial services


Law change governing SME classification will benefit sector

The Small and Medium Business Administration (SMBA) has revealed that it is to amend the current legislation that allows subsidiaries…

#smes


Ugandan SME export sector receives cash injection from French...

PROPARCO, a French development organisation, has provided the Dfcu Group with a finance boost of... (more…)

UK small businesses uninformed of financing options available to...

There needs to be more awareness amongst small businesses of the financing options available to them, suggests new research carried…

#alternative financing#awards#business finance

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