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Wonga launches business finance services

Wonga is entering the business loan market at a time when firms are struggling to raise funding. (more…)

#bank#business finance#invoice

The Interface Financial Group celebrated 40th anniversary

The Interface Financial Group celebrates 40 years of factoring services at 10th Annual International Conference in San Francisco. (more…)

#alternative funding#conference#international


CIT Closes $753 Million Equipment Lease Securitization

(NYSE: CIT) cit.com, a leading provider of financing to small businesses and middle market companies, today announced that it closed…

#bank#CIT#Deutsche Bank


NACFB and FLA make online commercial finance directory available...

The National Association of Commercial Finance Brokers (NACFB) and the Finance and Leasing Association (FLA) have developed a free online…

#bank#commercial finance#invoice


Usury flourishes on the back of poor SME lending

The underground credit market accounts to 7 percent of total lending, as the situation with SME lending deteriorated in the…

#bank#DEC#small businesses


Dubai Chamber of Commerce and NBAD sign agreement to...

The Dubai Chamber of Commerce and Industry has signed a Memorandum of Understanding (MoU) with the National Bank of Abu…

#bank#financial services#liquidity


New factoring company to operate across Channel Islands

New local Channel Islands factoring company is launched. (more…)

#bank#cash-flow#invoice


Ex-Im Bank approves USD6bn in SME export financing during...

Ex-Im Bank, the official export credit agency of the United States, has marked the first anniversary since the commencement of…

#bank#exporters#Jobs


FSB: Olympics legacy will be damp squib for small...

According to the Federation of Small Businesses (FSB), new figures show that six in ten small firms believe the London…

#FSB#small business#small businesses


Hilton Baird: Lack of SME confidence threatens 2012 growth

Less than a third of small businesses expect their company to expand over the next six months, according to a…

#banks#Clear#funding


Ministries give SMEs preferential policies in government procurement plan

The Chinese government has created preferential procurement policies for SMEs to boost their development, according to a recent government statement.…

#banks#exports#Jobs


Small businesses chase export growth

Average export turnover for small UK businesses increased by 42 per cent between the second and third quarter of 2011,…

#exports#international#invoice

EBRD loan Ђ25m to BPS to finance SMEs

The European Bank for Reconstruction and Development (EBRD) is lending the leading Polish cooperative bank association, BPS, up to 25…

#bank#MSME#small business

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