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Factoring grows despite better access to bank loans

Factoring as a form of financing is facing strong competition from bank loans. Despite this, it attracts more and more supporters. Turnover of the six companies joined in the Association of Factoring Companies of Slovakia (AFS) increased by one fifth...

Al Tomooh scheme expands to Sharjah

Al Tomooh, the Small Businesses Finance Scheme established by Emirates Bank is expanding its services outside Dubai. At a recent…


Abbey National sells asset finance unit

Abbey National Plc has agreed to sell asset finance and leasing businesses to a unit of ING Groep NV, as…


Cases of suspected money laundering rise

The number of cases of suspected money laundering reported by financial service companies increased sharply this year, the Korea Financial…


Standard Chartered Bank focuses on SME sector

The Standard Chartered Bank (StanChart) plans to focus on the SME sector in the next couple of years after gaining…


Local bank receives EUR30 million EIB loan for SME...

The European Investment Bank (EIB) has provided a Ђ30 million global loan to K&H Bank to finance small- and medium-sized…

#bank#banks#funding


Ernst & Young comments on the Enterprise Capital Funds

The UK government's Small Business Service (SBS) is not doing enough to help small businesses or the investors willing to…

#interest rates#regulation#risk


Bank plans to expand network and open factoring operation

HVB Bank Hungary will expand its network to 100 branches at a cost of HUF10bn (Ђ39.5m), CEO Matthias Kunsch announced…


Arroyo seeks more lending for SMEs

The Arroyo administration wants to triple government and private sector lending to small- and medium-sized enterprises (SMEs) in order to…


Dynamic powers to first profit

Dynamic Commercial Finance plc, the factoring and invoice discounting company founded in 2000, has reported a pre-tax profit of Ј206,000…


Financial veterans launch new asset-based lending venture

A new asset-based lending firm has been founded by long-term Dallas lenders James E. Casper, Michael D. Haddad and Jim…


Finance expert to lead new Enterprise Finance Europe regional...

Enterprise Finance Europe (EFE), one of the UK's leading asset-based lenders, has appointed one of the region's best-known corporate finance…

#bank#corporate finance#i

Private sector close to finalising first SME loan-backed asset-backed...

Inderjit Singh, chairman of the Action Crucible for Financing, said today Singapore is putting finishing touches to its first asset-backed…

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