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SMEs drew support of SKK3.042 billion

Small- and medium-sized enterprises (SMEs) obtained financial assistance totalling SKK3.042 billion over the second half of 2003. SKK2.215 billion was obtained in the form of loans, capital investments accounted for SKK103.65 million, and SKK277.643 million was provided in grants. The...

MNB cuts rate as government trims spending

Hungary's central bank (MNB) unexpectedly cut its benchmark interest rate a quarter-point, reducing borrowing costs for the second time in…

#bank#Boost#interest


New ECGD CEO announced

A City banker with a long track record in export and project finance, was today named as the Export Credits…


US$26m credit line for SMEs

Colombia's state development agency Findeter has launched a new line of credit totalling 70bn pesos (US$26.3m) to boost the country's…


Atradius launches guide to help firms save lost profits

A free guide has been published to help firms save up to a third of their annual profits that is…

#Atradius#bank#invoice


Survey shows SMEs geared up for expansion

Small businesses will create more than 36,000 jobs this year, more than double last year's number, according to the Small…

#interest rates#Jobs#small business


Montcap’s factoring services available to Scotiabank customers

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


Credit Guarantee Corp’s bad debt provision up 150%

Start-up businesses were badly hit by the tough economic environment last year, as evidenced from the sharp increase seen in…


Atradius renews commitment to credit insurance in India

Atradius, a global leader in credit insurance and credit management, and The New India Assurance signed a new reinsurance treaty,…


GMAC Commercial Finance promotes sales director following significant business...

GMAC Commercial Finance Plc (GMAC CF) has today announced that it has promoted Phil Lammas to UK sales director for…


Coface and Asexma renew export services alliance

The Chilean subsidiary of French credit insurance giant Coface and Chile's Association of Manufacturers and Service Exporters (Asexma) have announced…


GE Commercial Finance Ltd appoints new regional director for...

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

#business finance#commercial finance#corporate finance

Independent factor plans aggressive expansion strategy

Russia’s first independent professional factoring company has entered the market. The commercial bank, National Factoring Company Uralsib-NIKoil (NFC), was the…

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