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Putin Backs Tax Cuts to Aid Small Businesses

Vladimir Putin, Russian president, yesterday lent his weight to calls for lower taxes and reductions in red tape in an effort to boost the country's poorly-developed small business sector. He told a session of the State Council, an advisory body...

Market Leaders NIKoil Establish Separate Factoring Company

The NIKoil Financial Corporation has just announced the establishment of a separate factoring company named "Operational Factoring Company NIKoil" in…

#bank#financial institutions#investment


–SIFC Announces Profit in 2001

The Small Industry Finance Corp, a state-agency set up specifically to help small and medium-sized enterprises has announced that following…


15% of SMEs now Use On-Line Banking

Nearly 440,000 (15%) of small businesses are now using on-line banking facilities according to figures released by the British Bankers’…

#banks#interest rates#small business


Bibby Factors Scotland Opens Glasgow Branch

Leading business finance firm Bibby Factors Scotland has opened its doors in Glasgow to provide cash flow solutions to small…

#business finance#cash-flow#invoice


ICICI To Launch New Factoring Software Product

The Mangalore-based ICICI group, which consolidated its in-house IT department to launch ICICI Infotech in 1999, is preparing to develop…


Setback for US Service Sector

US service-sector activity suffered a minor setback last month but is still close to a 15-month high. The Institute for…

#i#management#Two


Large Firms Poised to Charge Late Payment Interest

Phase 3 of the Late Payment of Commercial Debts Act to be introduced in the autumn 2002, will allow large…


Demand for Services Continues to Strengthen

Services activity has picked up to its strongest in a year as demand continues to strengthen and future business confidence…


New Law to Make Factoring a More Attractive Alternative...

As the country slowly winds its way out of the protracted recession, small-and medium-sized enterprises (SMEs), the backbone of the…


Siemens Research Shows Liquidity Requirements Cause German Companies to...

The results of a representative survey conducted and recently released by Siemens Financial Services in Cooperation with the University of…


UK Firms Top European Small Business League

Britain's small firms came top of a European business survey according to a report published today by Small Business Minister…

#bank#international#small business

Index Highlights Market Deterioration for SMEs

According to the latest SME Index from Zurich UK Commercial, a staggering 80% of small businesses say their markets are…

#late payment#small businesses#smes

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