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EU lawmakers agree to make loans for SMEs cheaper

EU lawmakers have agreed with countries on cutting the amount of capital banks must hold against loans to smaller companies, resolving one of several issues holding up the implementation of the Basel III capital rules in Europe, a negotiator has...

#bank#interest rates#international

JICA unhappy over BB's SME loan payment failure

The Japan International Cooperation Agency (JICA) has expressed unhappiness over the Bangladesh Bank's (BB) failure to start loan disbursement to…


IFC to invest in Latin American expansion of Chile’s...

The International Finance Corporation and two funds managed by IFC Asset Management Company are to purchase approximately five per cent…

#bank#emerging markets#financial services


EU to introduce new support for SMEs under Horizon...

European Commissioner for Research and Innovation Máire Geoghegan-Quinn has announced new measures to support SMEs in developing high-potential innovations and…


PKF commences funding service for SMEs

UK-based accountancy firm PKF has launched a new initiative with the aim of supporting small businesses struggling to get access…


Amazon to move into SME financing

Web giant Amazon is moving into small business finance with the establishment of a new department that provides short-term loans…


Factors continue to increase their rates

Despite paying more for factoring, clients are not returning to banking credits. (more…)


Ultimate Finance to continue to grow

Ultimate Finance announces final results the year ending June 2012. (more…)


Cre@nces Services breaks through EUR1bn barrier

Credit Agricole s online invoice financing programme for SMEs has surpassed the EUR1 billion benchmark. (more…)

#banks#Credit Agricole#invoice


BNP Paribas Factor and FCF officially merge

Fortis Commercial Finance (FCF) France and BNP Paribas Factor officially merged this week to form a single entity under the…


New EU loan guarantee facility launched in Austria

A new European Union loan guarantee facility for innovative small and medium-sized enterprises (SMEs) was launched in Austria this week.…

#bank#EIF#First Bank


FCI Secretary General hailed after reaching 40-year landmark

The executive committee of Factors Chain International has paid tribute to Jeroen Kohnstamm as he reaches 40 years service as…

#banks#Executive Committee#factoring industry

Atradius: Uncollectable receivables on the rise

The Atradius Payment Practices Barometer, a survey of B2B suppliers of products and services in North America, has found that,…

#Atradius#insolvencies#insolvency

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