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Newtek Business Services, Inc. a provider of business services and financial products to the small- and medium-sized business market, today announced that its small business lender, Newtek Small Business Finance, has entered into a letter of intent to obtain a...
Over 12,000 limited companies have failed so far in 2004, a failure rate of 64 companies per day, according to…
#financial services#insolvency#insurance
The National Bank of Pakistan (NBP) has found great potential for the growth of the small-and medium-sized enterprise (SME) sector…
Capstone Business Credit has announced the signing of a one-year project financing agreement with Complete Flooring Supply Corporation, based in…
Exim Bank of the United States (Exim Bank) has offered Rs. 4,000-Rs. 5,000 crores as loan assistance to the State…
#bank#Exim Bank#financial institutions
Banks will charge 5 per cent maximum markup on export loans in December 2004. To May 2004 they were charging…
Merloni Elettrodomestici SpA said its board agreed yesterday to sell a 40% stake in the factoring company Faber Factor for…
The World Bank has approved a US$120m loan to support the development of India's small-and medium-sized enterprises (SMEs). The loan…
#bank#management#risk management
The wave of corporate insolvencies in Germany has ebbed somewhat in the course of this year but could rise again…
#insolvencies#insolvency#insurance
Wells Fargo Business Credit’s factoring division has named Amy Cartwright as business development officer. Cartwright will provide an accounts receivable…
#Business Development Manager#financial institution#management
EquiFin reported third quarter and nine month results for the period ended 30 September, 2004. As a result of the…
#Equifax#management
Small Industries Development Bank of India (Sidbi), Punjab National Bank (PNB) and Union Bank of India are coming together to…
#bank#banks#risk
Even as the government has been considering a hike in the foreign direct investment (FDI) ceiling in insurance to 49%,…