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Survey highlights Ј1bn in unpaid invoices

Businesses in Scotland could be losing Ј1bn a year in unpaid invoices. A survey into business payment habits by Intrum Justitia, the credit management company, shows that payments in Scotland are on average 15.9 days late - and 1.4% of...

Government to subsidise bank interest rates on SME loans

Government will subsidise interest rates on bank loans to small- and medium-sized enterprises (SMEs) to encourage further lending said Deputy…


Sidbi's rating agency may face challenge

The Small Industries Development Bank of India's (Sidbi) proposed credit rating agency, exclusively catering to the the small- scale industry…

#bank#banks#SIDBI


US$21bn allotted for 2005 loans to small firms

Expecting another year of record lending, the US Small Business Administration was authorized to make US$21bn in loans in fiscal…


Standard Chartered Nakornthon Bank global rebranding focuses on SME...

Standard Chartered Nakornthon Bank is moving aggressively to capture the small- and medium-sized enterprise (SME) lending market in Thailand, targeting…

#bank#business finance#international


Fraud reduces Factor 21 third-year profits

Factor 21, the Oxfordshire-based factor, has announced pre-tax profit of Ј177,693 for the year ended 30 June 2004 on turnover…


Bush makes US$21bn available to SMEs

Press office of the US Small Business Administration (SBA) announced that president George W Bush had signed a legislation, thereby…


Srei says Mint Road curb holding back US$100m ECB

Srei Infrastructure Finance Ltd, a project and infrastructure finance company, has sought the removal of the curb on accessing external…

#bank#banks#investment


MIF approves US$5m loan for SMEs

The Multilateral Investment Fund (MIF) of the Inter-American Development Bank (IDB) has approved a US$5m loan for Chile to finance…

#3M#bank#exports


Bibby report suggests SMEs dissatisfied with banks

One of the leading small business cash flow specialists Bibby Financial Services is urging owners and managers to explore the…


Japan's Softbank investment, Credia to set up as trade...

Venture capital firm Softbank Investment Corp. has reached a basic agreement with consumer finance company Credia Co. to jointly set…


EBRD to buy bank’s additional issue preferred stock, capital...

The European Bank for Reconstruction and Development (EBRD) will acquire preferred stock from an additional issue by International Moscow Bank…

#bank#interest#international

Borrowing difficult for SMEs

The increasingly stronger position held by large foreign banks on central and eastern European markets, Romania included, tends to seriously…

#bank#banks#smes

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