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Small Business Administration disaster loans available to some farm-related...

Federal disaster loans are available to small, non-farm, agriculture-dependent businesses in seven Minnesota counties hit by drought this summer, the US Small Business Administration (SBA) announced Friday (10 October). Businesses that may qualify would, for instance, sell goods or services...

#interest#interest rate#small business

Overdue company loans rising

Overdue loan payments have been rising at domestic banks, which are still suffering the effects of the collapse in consumer…


Lбnchнd Factoring Programme launched by Ministry of Economic Affairs...

The Lбnchнd (meaning chain bridge) Factoring Programme, a new subsidy scheme created by the Ministry of Economic Affairs and Transport,…

#banks#BCR Publishing#i


Questions are being asked about MX Factors of California

A Riverside, California, based financing firm that has raised more than $21 million in investments has operated without a state…

#international#international factoring#International Factoring Association


Bankers set to delay Basel II introduction

The central bankers and bank supervisors charged with creating a new regime for bank capital are to meet in Madrid…


Canbank Factors net profit up 14.5%

Canbank Factors Ltd, a subsidiary of Canara Bank, has recorded a net profit of Rs 5.2 crore for the quarter…

#bank


Potential Finance restructures and introduces asset finance service to...

Against a backdrop of an extremely difficult market with less factoring lines being out in place than in previous years,…


Small firms are key to development in Africa

Small- and medium-sized enterprises (SMEs) are key to African development, South African Reserve Bank (SARB) governor Tito Mboweni said in…

#bank#conference#small businesses


Small business loans P15bn in September

The government released some P15 billion in loans to small- and medium-sized enterprises (SMEs) from January to September this year…


New law helps keep businesses alive

Businesses in the UK experiencing financial difficulties will have more chance of survival as a result of the Enterprise Act…

#cash-flow#insolvency#invoice


NMB-Heller Ј5.5m acquisition funding heralds bright future for West...

Leading asset-based lender, NMB-Heller, has provided a Ј5.5 million facility to assist in the acquisition of two divisions of West…

#asset-based lender#funding#invoice


Bank of England leaves rates on hold

The Bank of England left interest rates unchanged at 3.5 per cent on Thursday (9 October), an apparent sign it…

Exports to Europe lowest in four years

Britain's exports to the rest of the European Union fell to their lowest level in more than four years in…

#bank#Bank of England#exporters

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