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SBA suspends small-business loans

The Small Business Administration (SBA) has announced that it has suspended its main US$9.4 billion loan programme because it has run out of money. The 7(a) Loan Guaranty programme benefits business owners who typically do not qualify for traditional bank...

#bank#management#small business

World leader in credit insurance to enter Polish market

The world's second-largest insurer of credit liabilities, Atradius, will enter the Polish market no later than mid-2004. At first, the…

#Atradius#insurance#Paid


Why small businesses should think about international expansion

With the expansion of the European Union (EU) in 2004, UK small businesses should start to look to European trade…


Textron Financial sells $402m Small Business Direct portfolio

Textron Financial, a unit of Textron Inc. today announced that it has sold substantially all of its Small Business Direct…


Exports, investments seen growing this year

Incoming Trade and Industry Secretary Cesar A.V. Purisima said he was optimistic that exports and investments would grow this year…

#exports#investment#smes


Major credit insurers check extent of fallout from Parmalat...

Major credit insurers are expecting moderate claims levels from the bankruptcy of the Italian food group Parmalat. “One reason is…

#Allianz#Atradius#bank


Bank of England holds rates at 3.75%

The Bank of England today left interest rates unchanged at 3.75 per cent, as widely expected, after its first meeting…


Government to give 200m Dinara for financing SME’s

The Serbian Government has decided that 200 million dinara (US$3.48 million) will be transferred from the funds obtained from the…

#smes


Rate cut surprises market

The National Bank of Slovakia (NBS) has staged a surprise 25 basis point rate cut after announcing that high headline…


Fortis appoints new communications manager

On 1 April 2004 a new general communications manager will join Fortis, responsible for Fortis’s internal and external communications. Eric…


International Factoring Association conference 2003

The 2004 International Factoring Association (IFA) conference will be held in Miami Beach, Florida on 21 – 24 April 2004…


Company failures fall by over nine per cent during...

The number of limited companies failing in 2003 fell by 9.4 per cent compared with 2002, according to the latest…

No significant increase in 2004 budget for SMEs

Although the budget assigned to the Under-secretariat of Small- and Medium-Sized Enterprises (SMEs) of the Economy Secretariat will be similar…

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