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South Korea to increase loans to SMEs in 2005

The South Korean government will increase direct loans to small- and medium-sized enterprises (SMEs) in 2005, as private lenders have been tending to avoid extending credit to those companies because of the sagging economy, officials said Sunday. High profile government...

#banks#economy#management

Business Development Manager joins Venture Finance's London office

Asset-based financier Venture Finance today announces that Kevin Connery is joining the team, as business development manager covering Surrey and…

#bank#banks#funding


Malcolm Gilbey joins Charterhouse Group International

Leading factoring consultant Malcolm Gilbey MCIM has joined Charterhouse Group International as chairman of Charterhouse Commercial Finance Plc (CCF). Malcolm,…

#commercial finance#international#invoice


CIT to acquire Education Lending Group for US$19.05 per...

CIT Group Inc., a leading provider of commercial and consumer finance solutions, announced that it has signed a definitive agreement…

#bank#CIT#JPMorgan


State-run financing institution offers equity financing for SMEs

For entrepreneurs bent on making their businesses grow but are hobbled by resource constraints, outside funding can be a much-needed…

#international#management#smes


Eurofaktor to debut on Warsaw Stock Exchange

Eurofaktor, Poland's fifth-largest factoring firm plans to float over 2.4 million shares. At the same time the company's management, following…

#management#poland#trade


Cash flow concerns top 2005 New Year resolutions

Almost two thirds (64%) of all small business owners and managers in the UK are vowing to improve their cash…

#cash-flow#financial services#management


The Better Payment Practice Group finds that size doesn't...

A survey by the Better Payment Practice Group (BPPG) has revealed that nearly 40% of respondents think that small companies…

#cash-flow#invoice#late payment


Atradius issues guides to trading safely in the New...

A series of reports has been launched to help British exporters protect themselves from bad debts whilst doing business with…

#Atradius#bank#exporters


Bank deal set to boost SME lending

Bank NISP, considered one of Indonesia's best-managed banks, will soon be owned by Singapore's third-largest bank, Oversea-Chinese Banking Corp (OCBC),…

#bank#international#management


Independent Growth Finance appoints new Finance Director

Independent Growth Finance (IGF), one of the country's fastest growing business finance providers, has strengthened its management team after appointing…

#business finance#financial services#IGF


Invoice errors cost firms time and money – Atradius

Thousands of British firms are not getting paid on time because they make basic mistakes on the bills they send…

#Atradius#cash-flow#international

Citigroup in takeover to enter Korea’s NPL restructuring market

Citigroup Inc., the world's largest financial service company, said it has completed the acquisition of Lend Lease Korea Ltd., a…

#acquisition#bank#crisis

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