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Credit insurance comes to SMEs

Atradius is a global leader in credit insurance and credit management which has previously only been available to bigger companies, but now Irish SMEs and start-ups can get cover against non-payment of debts for as little as Ђ1,400. The two...

Hong Kong forms credit risk assessment agency for small,...

The Hong Kong Monetary Authority, the Hong Kong Association of Banks (HKAB) and two other organizations have jointly set up…

#Commercial Credit#credit risk#management


Aston Rothbury release financial results for year to March...

Aston Rothbury has published its financial results for the year to 31 March 2004, which show turnover of Ј1.48 million,…

#funding#i#invoice


SIDBI launches venture fund for SMEs

The Small Industries Development Bank of India (SIDBI) has launched the small- and medium- sized enterprise (SME) growth fund, a…

#bank#banks#risk


Indian Exim bank extends US$7m credit to Myanmar

Export-Import Bank of India (Exim Bank) has extended a line of credit (LOC) of US$7m to the state-owned Myanmar Foreign…


Texas-based insurance and finance group announces launch of equipment...

American International Group, Inc. (AIG) today announced the formation and launch of AIG Commercial Equipment Finance, Inc. (AIG CEF), a…

#AIG#financial services#international


Factor is new player on Warsaw Stock Exchange

Eurofaktor, Poland's biggest non-banking factoring company, was one of six new companies to enter the Warsaw Stock Exchange on Friday.…


Grupo Security to increase capital

Chilean financial group Grupo Security will make a capital increase of between US$50m-60m on 11 November this year, local press…

#insurance#security


Enterprise Finance Europe provides ID fuel for construction MBO

Enterprise Finance Europe (EFE), one of the UK's leading asset-based lenders, has provided the senior management team at West Midlands-based…

#funding#invoice#management


Swiss offer US$15m investment funding for SME sector

Indian small- and medium-sized enterprises (SMEs) have been asked to take advantage of the US$15m investment funding from the Swiss…


Poor payment morale troubles state export guarantor

German state export credit guarantees, the so-called “Hermes coverage” with which the German government protects German exporters from payment defaults…


ADB sets aside US$85m for SME exporters

The Asian Development Bank (ADB) has set aside US$85m to finance export oriented small- and medium- sized enterprises (SMEs) in…

#ADB#bank#exporters

Potential Finance Group appoint managing director

Potential Finance Group PLC (PFG) has appointed Colin David Swanston as managing director of Potential Asset Finance Limited (PAF) to…

#business finance#commercial finance#funding

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