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A review of the government-backed small firms loan guarantee scheme has found it "expensive" and "bureaucratic" and recommends a bonfire of red tape to ensure more banks actually offer it to their customers. The scheme, introduced in 1981, is designed...
IGF Invoice Finance Ltd (IGF), part of the Greater London Enterprise (GLE) Group of Companies, has announced a pre-tax profit…
Challenge Finance Ltd, the Sevenoaks-based invoice discounter, has reported a loss before tax of Ј568,599, compared to a loss of…
City Invoice Finance Ltd, the Manchester-based cash flow solutions company, has announced a pre-tax profit of Ј514,645 for the financial…
The Export-Import Bank of the United States (Ex-Im Bank) today approved a direct loan of up to US$70.2m to support…
The Export-Import Bank of the United States (Ex-Im Bank) today approved a US$400 m long-term loan guarantee to support the…
#bank#emerging markets#exporters
Mexico's largest development bank Nacional Financiero (Nafin) reported first half net income of 113m pesos (US$9.9m), compared to losses of…
#bank#banks#business finance
Ardaini & Associates has agreed to join the US Global Marketing Advisory Board, providing management consulting and commercial financing services.…
#bank#international#management
The banking sector channelled credits totalling Rp35.9 trillion to small-and medium- enterprises (SMEs) in the January-July period this year, Deputy…
The Commercial Bank of India LLC (CBI), a joint venture between public sector Canara Bank (BSE:CNBK) and State Bank of…
#bank#guarantees#SBI
MicroFinancial Incorporated (NYSE:MFI) announced today that it has arranged for a three year, US$30mn senior secured revolving line of credit…
#bank#CIT#CIT Commercial Services
Reserve Bank of India (RBI) has constituted a separate Sub-Committee under the State Level Bankers Committee (SLBC) called the Sub-Committee…
On 14 September members of East European Factoring Association gathered in the Baltic town of Vilnius, capital of Lithuania, for…