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Lloyds TSB Commercial Finance funds Dantec buy-out

A Moreton-based manufacturer of specialist hose for the oil industry and Formula One racing has been bought by its management team. The deal was funded by the North West office of Lloyds TSB Commercial Finance, which provided asset-based lending facilities....

#commercial finance#management

SBP to educate banks on SME lending based on...

The State Bank of Pakistan (SBP) will pursue and educate commercial banks to extend loans to small- and medium-sized enterprises…

#bank#cash-flow#SME lending


UK companies amongst the worst late payers in Europe

Intrum Justitia, Europe’s leading credit management company, has provided further evidence of poor payment practices in the UK following the…

#late payment#management#payment practices


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…


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…

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