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SMEs ‘not welcome’ new research says

Research released by the Central Bank today says that Ireland has the second lowest level of lending to small businesses in the euro area, behind Greece. (more…)

#bank#bank loan#SAFE

Skipton Business Finance: “Customers like that we are not...

Skipton Business Finance, a subsidiary of Skipton Building Society, reported a record first half, with a 50 per cent increase…

#bank#business finance#invoice


Bibby helps MOP Environmental Solutions meet Gulf oil spill...

Bibby Financial Services has reported it has provided a $750,000 factoring facility for MOP Environmental Solutions, Inc. (more…)

#cash-flow#financial services#international


China Export Finance to offer factoring in China

Supply chain finance company China Export Finance (CEF) has announced that it has been awarded a factoring license by the…

#exporters#receivables#SAFE


First Capital closes USD2m factoring facility

First Capital has provided a US$2m factoring facility to a company that sells, services and maintains a variety of furniture…

#digital#financial services#SAFE


ICICI Bank set to offer trade finance via New...

ICICI Bank, India's second largest bank, is ready to setup a branch in New York. (more…)

#bank#banks#exporters


SME finance boosted by EC risk review

The European Commission has adopted Guidelines to determine when state aid to support risk capital investment in small and medium-sized…

#European Commission#funding#risk


Factoring industry turnover up 12% in Q4 2005 –...

The renewed focus by banks on the small business market should fuel continued growth in the debt financing market this…

#banks#risk#SAFE


Brunei SMEs call for improved access to financial facilities

Local small- and medium-sized enterprises (SMEs) have called for the setting up of a bank catering solely to their needs,…

#bank#banks#SAFE


High Court told of disgraced Versailles director’s property portfolio...

Carl Cushnie, the businessman jailed for defrauding Versailles' investors, used the proceeds of his fraud to buy an Ј8.6m mansion…

#investment#investments#SAFE


GMAC Commercial Finance approves US$45m factoring facility

GMAC Commercial Finance has approved a new US$45 million factoring facility for leading private label and private brand casual apparel…

#capital requirements#commercial finance#management


The future’s bright for franchising

The future is looking decidedly rosy for the franchising industry according to the latest survey of potential franchisees and franchisors…

#cash-flow#financial services#management

Factoring and the hidden Winding Up Petition

by Peter Sinnett, In-house Counsel, Bermans, Lawyers Bermans was recently involved in a difficult and unusual High Court application for…

#assignment#bank#insolvency

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