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EU support for SMEs compensates for reduced government aid

According to the Czech Ministry of Industry and Trade (MIT), almost two million people are employed in small- and medium-sized enterprises (SMEs). SMEs have a62 per cent share of total employment, just a few basis points less than the average...

#bank#guarantees#SME financing

Factoring turnover reaches Bt120bn in 2003

The factoring industry is neither registered nor regulated in Thailand. Nevertheless, the industry has been flourishing for at least a…

#bank#exporters#interest rates


Scotiabank unit launches US$16.7m SME fund

Scotiabank Jamaica has launched a J$1bn (US$16.7m) small- and medium-sized enterprise (SME) financing programme, focusing on export-related activities and job…

#bank#credit risk#risk


Accord exceeds first quarter factoring volume company record

Accord Financial Corp., a leading North American provider of asset-based financial services to businesses, including factoring, financing, credit investigation and…

#Accord Financial#Accord Financial Corp#financial services


Survey supports European expansion – European entrepreneurship encouraged

Research published today from leading invoice and asset-based financier, Venture Finance PLC, reveals that 40 per cent of businesses believe…


Potential Finance results ‘disappointing’ 2003

Potential Finance Limited, the independent Brentwood-based debt factoring company, has announced a pre-tax loss of Ј1.22 million for the year…

#bad debts#factoring industry#management


Credit insurer urges caution over payment risks

Credit insurer Coface said payment default risk in China is still low but traders need to be cautious and selective…

#bad debts#credit risk#risk


GE Commercial Finance names new CEO

GE Commercial Finance Ltd (GECF Ltd), a leading UK provider of business finance solutions, today announced the appointment of Richard…


Two new heads of business development for Ex-Im Bank

Two seasoned financial and banking services executives have been named to head business development at the Export-Import Bank of the…


Factoring company obtains ISO 9001 certification

Compagnie Gйnйrale d’Affacturage (CGA), the wholly-owned factoring subsidiary of Sociйtй Gйnйrale has become the first factoring company in France to…

#debt collection#international#invoice


Government spurs exports with incentives

The South African government is keen to spur exports and it offers a variety of incentives. The Industrial Development Corp…

#exporters#exports#international


Export insurance and credit sources update

The Export Credits Guarantee Board (EKN) offers long-term financing; Svensk Exportkredit handles short-term financing. The EKN, which is 100% state…

Merger to be completed this year

Financial services conglomerate Grupo Security expects to complete the merger between its bank Banco Security and the Chilean subsidiary of…

#acquisition#bank#financial services

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