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European Commission publishes online directory of SME good practice

The European Commission's Enterprise DG has published an online directory of entrepreneurial best practice among Europe's small- and medium-sized enterprises (SMEs). Over 40 case studies are presented from 16 European countries, outlining voluntary business strategies that embody corporate social responsibility...

Merrill Lynch Global Asset-Based Finance in new Medallion credit...

Medallion Financial Corp, a commercial finance company and owner of the largest taxicab rooftop advertising company in the world, announced…

#asset based finance#commercial finance#funding


NMB-Heller & Grant Thornton in Aquadart MBO deal

Dartford-based business Aquadart has been bought out of Andover-based parent company, Croydex Group Plc, via an invoice discounting and cashflow…

#acquisition#funding#invoice


Commerzbank to commit billions to SMEs

Commerzbank plans to commit billions more euros to Germany's cash-strapped small- and medium-sized enterprises (SMEs), continuing a drive started earlier…


Banchile Factoring forecasts 165% jump in loans

Chile's Banchile Factoring Internacional, part of the Banco de Chile group, expects to hold a loan portfolio of 80bn pesos…

#bank#smes


Importance of SMEs recognised by Industry Minister

Minister of Industry, Trade and Labour Ehud Olmert, speaking at the World Association of Small and Medium Enterprises (WASME) Conference,…


HSBC faces uphill battle on local market

HSBC Bank Polska, the local subsidiary of the world's second-largest banking company, faces a number of tough hurdles in the…


Leasing companies set up credit history register

Seven Czech leasing companies are working on launching their own client register following in the footsteps of five Czech banks…


Tax reforms to reduce VAT in 2004, foreign investment...

Prime Minister Mikhail Kasyanov said that the government was "pressing on with tax reforms," recalling that from 2004 VAT would…


FDA Q2 statistics show record turnover as invoice finance...

The popularity of factoring and invoice discounting as a financing option has continued to grow as industry turnover hit record…

#exporters#international#invoice


Lloyds TSB provides invoice discounting and stock facility for...

Professionals from three of Bristol’s leading firms have helped secure a management buy-out (MBO) at leading wetsuit company, Gul International.…

#commercial finance#emerging markets#international


African Trade Insurance and World Bank agencies to boost...

Africa’s bid to stimulate private sector led growth and increase cross-border trade received a major boost with the signing of…

#bank#political risks#trade

Supreme Court hears Sorabjee on Securitisation Act

Attorney General Soli J Sorabjee today defended the Securitisation Act in the Supreme Court. The Court was hearing petitions challenging…

#banks#financial institutions#interest

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