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Rise of bad debts to become real hazard for...

Non-performing loans tend to highlight the biggest threat to the state of the Greek banking systems as they continue to grow at an alarmingly high rate. (more…)

#bad debts#bank#bankruptcy

Government-backed lending programme to start in April

Small firms struggling to access finance to start exporting will be able to apply for loans of up to 1…

#bank#guarantee#guarantee scheme


Late payments at three year high

Small businesses delay payments to boost their working capital. (more…)

#banks#Boost#international


CIT to restate its previously filed 2010 Quarterly Financial...

Net Income for the nine months ended September 30, 2010 increases by approximately $25 million. (more…)

#CIT#interest#management


Chilean factoring moves out of dip

Chilean Association of Factoring Companies reports a 36 per cent market growth in 2010. (more…)

#small businesses#smes#training


New invoice discounter sets up in Gloucestershire

Catalyst IFG, an independently owned and managed office of The Interface Financial Group (IFG)... (more…)

#banks#Clear#invoice


Even the creditworthy firms struggle to get enough credit

New research by Greenwich Associates, US consulters, reveals that... (more…)

#bank#banks#Clear


Business owners start valuing bank relationship more

A report suggests that many small businesses are afraid to approach the banks for more credit or to extend their…

#bank#British business#invoice


Bad debts and payment default highest for five years

Recent data by National Credit Insurance (Brokers) shows that bad debts and payment defaults were up 44 per cent in…

#bad debts#bank#cash-flow


Factoring is on the rise in Peru

Peruvian Association of Banks (Asbanc) has reported a significant growth of factoring turnover since 2009... (more…)

#banks#factoring law#Paid


EBRD to increase financial support of SMEs in Russia

The EBRD will lend up to 2.9 billion roubles (equivalent to Euros 76 million) to enable Credit Europe Bank to…

#bank#liquidity#small business


Invoice finance could be key to government’s issue of...

Bibby Financial Services CEO Edward Rimmer has expressed his belief that, if consultation by the Asset Based Finance Association is…

#asset based finance#financial services#invoice

HSBC reports higher levels of business confidence among SMEs

An index of confidence at small and medium-sized enterprises (SMEs) in 21 markets rose to 118 in the second quarter…

#emerging markets#small business#small businesses

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