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Companies are suffering a cash squeeze from delayed invoice payments as the credit crunch begins to hit the real economy. (more…)
#forum#invoice#late payment
John Schmitz, a Hutchinson resident and business executive has opened an office of The Interface Financial Group. (more…)
#alternative funding#bank#invoice
The mortgage credit crunch has spilled over into business lending as local banks are less risk-inclined than they used to…
#bank#credit reports#receivables
Bio-Microbics Inc., a small business in Shawnee Mission, Kan., is exporting ten of its FAST wastewater treatment systems to Acuapro…
#bank#exports#financial services
Sourcing skilled employees was one of the biggest challenges SMEs faced in 2007, according to research by Bibby Financial Services.…
#cash-flow#financial services#small business
More small businesses will seek to increase their loan levels or lines of credit during 2008 according to the nationwide…
#small business#small businesses#WHO
The Interface Financial Group, announced the opening of new US Interface offices. (more…)
#financial services#international#invoice
CIT Small Business Lending Corporation was ranked the number one Small Business Administration volume lender for the fifth consecutive year…
#cash-flow#CIT#small business
Business bankruptcies will next year rise to their highest level since the aftermath of the dot-com crash, according to new…
#exporters#financial services#insolvencies
Pivdenny Bank has received a syndicated loan for US$30m at LIBOR+2.4% annually. (more…)
#bank#banks#LIBOR
Marlin Business Services Corp reported net income of US$5.0m for Q3 but it will discontinue the origination of new factoring…
#funding#receivables#small business
Platinum Funding Group announced a two-year US$6-million financing facility for Cal Stonewood Properties LLC. (more…)
#funding#small business#Two
The EBRD is providing a 5-year loan to Bank Caspian to support the expansion and further development of MSMEs. (more…)
#bank#management#small business