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State and banks agree on SME loan guarantees

The state and commercial banks agreed on loan guarantees for small and medium-size enterprises (more…)

#bank#guarantee#guarantees

Lord Mandelson criticises credit insurers

Business Secretary Lord Mandelson has attacked trade credit insurers for overreacting to the economic slowdown by withdrawing cover used by…

#conference#risk#small businesses


Business failures reach staggering heights

Equifax Business Failures Report reveals full scale of downturn in 2008 with significant increases in the number of firms going…

#guarantee#management#recession


SMEs to benefit from Ј650m of EIB finance in...

The European Investment Bank has signed three new generation EIB loans for SMEs in the UK for a total of…

#bank#risk#small business


Alternative finance essential for SMEs wishing to survive in...

US business analysts are predicting that thousands of SMEs will go bust by the New Year if they are unable…

#alternative financing#American Express#risk


Mercosur countries to create fund for SMEs

The countries who make up the Regional Trade Agreement of Mercosur have this week advanced in the creation of a…

#bank#guarantees#risk


Government to speed up disbursement of funds

The Minister of State for Finance and Economic Planning has said that funding provided by the World Bank for SMEs…

#bank#international#risk


Additional financial support for business in the Northwest

Regional Minister Beverley Hughes and the NWDA have announced the launch of a Transition Loan Fund for businesses in the region (more…)

#banks#funding#risk


Company crashes set to hit record next year

Record numbers of companies will go bankrupt next year according to Euler Hermes, one of the world's largest credit insurers…

#Allianz#bankruptcy#crisis


Economic uncertainty hits businesses hard

Leading business information provider, Equifax, has released an interim report on business failures which shows there have been year on…

#bank#Equifax#management


Banks’ lending risk to small business overstated

The Forum of Private Business believes that the banking sector should be put under more pressure based upon what its…

#forum#liquidity#NatWest


Businesses helped by trade credit insurance as economic uncertainty...

Latest figures from the Association of British Insurers (ABI) show that as the economy worsens, more businesses are being helped…

#recession#risk#trade

GMAC Applies for Status as Bank and Begins Debt...

GMAC applies for status as a bank holding company to gain access to a $700 billion Treasury rescue fund. (more…)

#bank#CIT#guarantees

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