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Small Business Sector Grew in 2001

New figures published today show there was a net increase of more than 20,000 firms operating in the UK in 2001 compared to the previous year - equivalent to over 60 new businesses starting up every day. According to new...

#cash-flow#guarantee#small business

CIT Group Accused of Running a Factors’ Monopoly

Donald Wiener, who runs the dress chain Dresses For Less, is suing CIT Group and other accomplices, accusing them of…

#3M#banks#CIT


New Rules for Mutual Trust Funds Could Have Implications...

The Ministry of Finance announced on 1 August a set of draft rules governing the management of mutual trust funds,…

#bank#bonds#guarantee


Taiwan's Banks to Provide T$1.5bn in Lines of Credit...

Taiwan's Small and medium Business Credit Guarantee Fund (SMBCGF) reported yesterday that a number of banks are to start providing…

#bank#banks#guarantee


Troubled Slovak Bank to be Taken Over by State-Owned...

Slovak state-owned bank Konsolidacna banka Bratislava (KBB) will be taken over by state-owned factoring agency Slovenska Konsolidacna (SKo) before 31…

#bank#guarantee#liquidity


ECGD Develops Export Guarantees for Small Companies

Via its Export Credits Guarantee Department (ECGD) the UK government has launched a new scheme for encouraging small and medium-sized…

#bank#guarantee#guarantees


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