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SMEs welcome insolvency rule change but accountant warns against...

Rules designed to prevent struggling companies from becoming insolvent came into force yesterday (15 September), to warm applause from small firms. Under the changes, government departments will no longer automatically be first to recover debts from insolvent companies, allowing SME...

#Crown preference#insolvency#smes

CIT Commercial Services buys US factoring assets from GE...

CIT Group Inc. (CIT) announced today that its Commercial Services business unit has acquired a substantial portion of the US…


Bank of Baroda and SIDBI ink pact on SSI...

Bank of Baroda and Small Industries Development Bank of India (SIDBI) have teamed up to co-finance the small-scale industries (SSI)…


Dynamic announces first half 2003 results

Dynamic Commercial Finance plc has continued to grow profitably during the first six months of 2003, producing a profit before…

#commercial finance#funding#receivables


Bush proclaims Small Business Week and confirms his administrations...

“The success of small businesses in America reflects the innovation, determination, and hard work of the American people. During Small…


Exports to Middle East boom after Iraq war

Exports to countries in the Middle East have shot up in recent months, making up for months of losses during…

#exports#international#International Trade


Securitisation market forecasts growth

The securitisation market in India may grow at a compounded annual growth rate (CAGR) of 40-50 per cent in the…


New small business guide from Lloyds TSB

Over 1.5 million UK entrepreneurs have used The Lloyds TSB Small Business Guide since it’s first edition published in 1987…


Four out of five Ontario small businesses hurt by...

Last month's electricity blackout hurt 82 per cent of small businesses in Ontario and cost the provincial economy between $1bn…

#economy#security#small business


Over 200 participants attended the seminar on banking products...

The seminar, "Introduction To Banking Products and Services For SMEs", was organised by the Brunei Association of Banks on 11th…


New FSA rules will 'hurt' SMEs

Plans by the Financial Services Authority (FSA) to require businesses to report electronically could force the closure of many small…


Swedes vote “no” to euro

Sweden delivered a crushing rejection of the single currency yesterday (14 September), turning its back on closer integration with Europe…

ECGC enhances credit operation

The Export Credit Guarantee Corporation of Zimbabwe (Pvt) Ltd (ECGC) says it is enhancing its credit operations at a time…

#bank#exporters#guarantees

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