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interest rate

Correlation between interest rate hikes and SME profits revealed

Every percentage interest hike reduces SME profits 14%. (more…)

#interest#interest rate#interest rates

Equador microlenders feel pressure of interest rate reduction

Microlenders in Ecuador may be pushed to sell their portfolios to larger institutions due to tightening interest rate caps, website…

#bank#banks#Clear


CIT extends exchange deadline

CIT Group have once again made alterations to the debt exchange offered to bondholders; the second change since the restructure…

#bankruptcy#CIT#interest rate


Icahn offers CIT loan

CIT have been offered a $6 billion loan from Carl Icahn, (more…)

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CIT revise debt exchange

In a regulatory filing released today, CIT Group have warned they may still have to file for bankruptcy, the Associated…

#bankruptcy#bonds#CIT


RBI looks set to intervene to increase SME lending

RBI governor worries that Indian SMEs are still not getting enough credit. (more…)

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SMEs to benefit from interest rate subsidy

Macau has adopted a regulation that will amend the interest rate subsidy for business financing credit. (more…)

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Sixty percent of SMEs facing capital investment shortages

Twenty percent of SMEs in risk of going under a shortfall in funding presents serious difficulties for the economy. (more…)

#bankruptcy#funding#interest rate


Central banks slash interest rates

Central banks around the world have announced cuts in interest rates this week (more…)

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Postbank, EBRD to give EUR25.57m aid to SMEs

Bulgarian Postbank plans to allocate BGN50m (EUR25.57m) to SMEs as of December 1 (more…)

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Textron to exit asset-based lending business

Textron President and chief executive, Lewis B. Campbell has announced that the the company will downsize Textron Financial and noted it…

#interest#interest rate#interest rates


Lloyds TSB comments on MPC interest rate decision

Trevor Williams, chief economist, Lloyds TSB Corporate Markets said: The Bank of England's decision to hold rates this month was…

#bank#Bank of England#Clear

GE Commercial Finance provides asset-based credit facility to Kinney...

GE Commercial Finance Corp. Lending announced that it provided a $125 million asset-based credit facility to a New York-based drug…

#commercial finance#interest rate#management

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