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Saudi firm keen to finance leasing needs of SMEs

A Saudi investment group has indicated its willingness to enter into a joint-venture leasing set up to exclusively finance the needs of small- and medium-sized enterprises (SMEs). This willingness was expressed at a meeting between the senior executive of M/s...

SMEs need not worry about new invoice rules

Despite recent publicity, which has warned small firm owners that new invoicing rules are about to make their lives even…


Exports suffer; exacerbated by plunging US$

Irish exporters will have to become even more flexible in the current year if their sales abroad are to grow,…

#exporters#exports#recession


SMEs’ confidence is rising

Businesses are looking forward to a more prosperous 2004, according to a KPMG survey, with over 80% of executives in…

#interest#interest rates#smes


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…

#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…

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