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Low interest, no collateral loans on offer to SMEs

Some P8 million (US$145,000) from the Network Bank is available to small- and medium-size enterprises (SMEs) at low interest rates to fund cluster projects in the region. Merly Cruz, regional director of the Department of Trade and Industry (DTI), revealed...

International Enterprise Singapore launches scheme to help SMEs expand...

International Enterprise Singapore (IE Singapore) has launched the iFinance Consulting Programme to help firms expand abroad. It is expected to…


IFC looks to invest an extra $70 million in...

The International Finance Corporation (IFC), part of the World Bank Group, plans a further investment of US$70 million in Vietnam…

#bank#banks#international


GM finance arm considers suing Bank of New York...

Executives at GM Acceptance Corporation, the financial arm of General Motors, are considering suing Bank of New York (BoNY) in…

#bank#CIT#commercial finance


Small firms told to face the factoring facts

Many small firms still view factoring or discounting with “unwarranted” suspicion, says John Twigg, chief executive of small business advisor,…

#bank#interest#small business


IFC and Zurich Emerging Markets Solutions establish a risk...

The International Finance Corporation (IFC), the private sector arm of the World Bank Group, and Zurich Emerging Markets Solutions, the…

#bank#emerging markets#international


City Invoice Finance report profits up 59% in 2002,...

City Invoice Finance has reported a pre-tax profit of Ј479,835 for the year to 31 December 2002, an increase of…


Low-interest loans for exporters

Enterprises are to be offered soft loans carrying an interest rate one-third of the commercial rate to export goods prioritised…

#exporters#interest#interest rate


Exports expected to hit $21bn

Under 2004’s trade development plan, the year’s exports are expected to net around $21bn, a rise of 8.8% compared with…

#Boost#exporters#exports


Goverment plans to spread SME growth throughout country

Economy Secretary Fernando Canales Clariond acknowledged yesterday that, with the exception of the Yucatan peninsula, the country's south-southeast region registered…


Tax clinics to assist SSIs on legal issues

The Central Board of Excise and Customs (CBEC) has issued a directive to "break the communication wall, if any, between…


Hopes rise of better rights for businesses in China

China's top leaders have announced plans for changes to the constitution intended to promote economic development, making public a process…

SME Invoice Finance launches new website for SMEs and...

Dedicated to meeting the cash flow needs of small- and medium-sized enterprises (SMEs), SME Invoice Finance (SMEIF) has announced the…

#banks#cash-flow#invoice

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