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Ohio s FirstMerit Bank is to acquire the asset based lending division of Missouri-based (more…)
#bank#First Bank#small business
The European Bank for Reconstruction and Development (EBRD) has issued a 50 million loan to Garanti Bank to boost Turkey…
#bank#Boost#small business
CIT Group has filed for bankruptcy, it was announced today. (more…)
#bankruptcy#CIT#commercial finance
CIT Group, parent bank of CIT commercial finance, have deemed billionaire investor Carl Icahn s letter to bondholders inaccurate (more…)
#bank#cash-flow#CIT
Bibby Financial Services today released their first Business Factors Index report, with worrying results for 2009 s final quarter. (more…)
#financial services#interest rates#recession
Results from the Small Business Finance Barometer Survey conducted by factoring firm Close Invoice Finance could suggest that optimism is…
#business finance#cash-flow#invoice
More than half of small businesses in the UK are not aware of the Government financial help available to them,…
#guarantees#small business#smes
The economic crisis is continuing to take its toll on small business as debtors continue to delay payments or not…
#bad debts#cash-flow#invoice
A business support and lobby group today welcomed the Chancellors meeting with the British Bankers Association over a shortage in…
#bank#forum#guarantee
Access to finance for Scottish SMEs has reduced dramatically according to a major report (more…)
#bank#guarantee#small business
The Treasury must leave the financial markets as the biggest borrower so that banks will extend more resources toward financing…
#banks#interest rates#Produce
Small business experts at the Royal Bank of Scotland have said the money is there for a revival in the…
#bank#Bank of England#NatWest
More than two thirds of small-to-medium sized businesses have said the interest rates on their loans have risen over the…
#bank#funding#interest rates