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CIT Group shares hit by bankruptcy concerns

Shares in troubled lender CIT Group Inc. dropped more than 20% by the close of trading Monday amid fears the lender could be forced into bankruptcy proceedings (more…)

#alternative financing#bankruptcy#CIT

Platinum Funding Group provides $66m factoring facility

Platinum Funding Group has signed an agreement to provide a $66 million accounts receivable factoring facility to a leading provider…

#banks#funding#liquidity


SMEs struggling despite stimulus

The fiscal stimulus seems to have had little effect on the plight of SMEs accroding to a Federation of Indian…

#exporters#funding#interest rates


SMEs predict export-led growth in next quarter

The rate of decline in orders and output among the UK's SMEs is slowing, according to the CBI s latest…

#Boost#funding#Funding Options


EBRD supports SMEs in Moldova

The EBRD is supporting the real economy sector in Moldova with a credit line for SMEs (more…)

#bank#funding#small businesses


Funding shortage stifling SME sector

Shortage of equity and long-term funds continue to stifle the growth of SMEs in India (more…)

#bank#banks#funding


Government concern as small firms refused credit

The number of SMEs being refused credit represents a growing concern for the government, according to the Minister for Finance (more…)

#bank#funding#risk


SME Bank provide funding

In an attempt to assist cash-strapped SMEs, the Thai Industry Ministry will cooperate with the SME Bank to lend a…

#bank#funding#guarantees


Regency Factors announce rise in profits

UK factoring company Regency Factors has recorded a significant increase in turnover and profit (more…)

#asset based finance#funding#funding gap


Sentiment at SMEs stagnates

Ecostat's SME confidence index has remained unchanged from the previous month at 61.9% in June (more…)

#economy#funding#smes


Cattles faces mounting debts

Sub-prime lender Cattles, parent company of Cattles Invoice Finance, is in talks with creditors to suspend payments on its mounting…

#bank#funding#invoice


IDC pushes for more support for SMEs

68 per cent of businesses funded by the Industrial Development Corporation (IDC) in the 2008/09 financial year were SMEs, up…

#funding#smes#trade

Land speed record receives factoring boost

Leading independent financial services provider Hilton-Baird Financial Solutions has helped keep Richard Noble s latest world land speed record project…

#Boost#financial services#funding

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