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EBRD strengthens support for Moldovan SMEs

The European Bank for Reconstruction and Development (EBRD) is strengthening its support for small and medium-sized enterprises (SMEs) in Moldova with the launch of a new EUR80 million financial sector framework, at a time when access to finance remains scarce....

India opens first overseas ECGC office in London

India has opened its first overseas office of the Export Credit Guarantee Corporation (ECGC) India Ltd in London. (more…)


New factoring act to exclude individuals from service providers

The 1676 Act of August 20, 2013, which amends some factoring practices, will come into force from February 2014. (more…)

#bank#factoring act#factoring law


Allahabad Bank refocuses on SME lending due to lack...

Allahabad Bank says it is getting less demand for credit from the traditional corporate sector for the new projects. (more…)


Newly-reorganised bank to introduce export factoring

The National Development Bank of Housing will be reorganised to support Dominican exporters. (more…)


net mobile AG to offer factoring to on-line retailers

net mobile and privatbank 1891 form a new partnership. (more…)

#digital#invoice


Attijariwafa bank continues export factoring to sub-Sahara Africa

Attijariwafa bank to open subsidiaries in Togo and Niger. (more…)


Moroccan factoring posts double digit growth

Market players estimate annual factoring market growth at over 30pc. (more…)


Wonga to extend loans for South African SMEs

Internet-based short-term loan provider is looking to elongate payment terms for South African SMEs. (more…)

#payment terms#R3#risk


New future trend for Chinese banking?

Publicly listed banks increase their exposure to SME sector. (more…)

#bank#interest rates#platforms


Business Finance Partnership scheme shifts towards SMEs

Six per-cent of the Business Finance Partnership fund are received by SMEs. (more…)

#business finance#funding#platforms


Another peer-to-peer funder launches

Crossflow Payments introduces an 'industry-first' peer-to-peer (P2P) financing service to support SME cash flow issues. (more…)

#cash-flow#cloud#risk

RBS provides invoice finance facility to pipeline manufacturer

RBS finances East Midlands pipe production and fitting business. (more…)

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