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Chilean banks have used just 7% of a US$500million government-sponsored loan guarantee for small- and medium-sized enterprises (SMEs) debt restructuring because of the high risk they see in many of the indebted SMEs. The loan guarantee is available to the...
#banks#economy#guarantee
Quantum Corporate Funding, Ltd., a nationwide firm specialising in alternative funding for small to medium-sized companies, is aggressively seeking factoring…
#alternative funding#bank#funding
Tony Cox, Managing Director of Venture Finance PLC, has been appointed Chairman of the Factors & Discounters Association (FDA). The…
On 3-5 July 2002 senior factoring professionals from 18 countries converged on the Czechoslovakian capital of Prague for BCR Publishing’s…
#bank#conference#emerging markets
Eurofactor, the factoring subsidiary of French credit-insurance group Euler & Hermes, has seen its profits plunge into the red, down…
#Allianz#bad debts#interest rates
A survey of more than 1200 UK SMEs has revealed a 60% awareness of the UK Late Payment Legislation. Furthermore,…
According to Nordisk Factoring's website www.nordiskfactoring.dk Jyske Bank on 6th August aquired GE's 50% share of the company. Nordisk Factoring…
#bank
BCR has today added three more articles from the World Factoring Yearbook 2002 to its factorscan website. The articles on…
THE export scenario for the domestic small and medium sector is on an upswing for the next six months. This…
#exporters#exports#small business
San Diego’s troubled Peregrine Systems issued bad news after the market closed last Thursday. Before the news was announced, stock…
#management#Paid#receivables
The Market for Alternative Investment and the SME Promotion Office will hold a daylong seminar today in Bangkok to promote…
The Management Board of BIG Bank GDANSKI S.A. ("the Bank") announced that on 29 August 2002, FORIN Sp. z o.o.…
#bank#factoring contract#management
Canbank Factors Limited, an Indian factoring company, has released its 11th annual report for the year ended 31 March 2002.…