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Bank of England (BoE) governor, Mervyn King, has called for the government to set incentives for banks to boost lending to credit-strapped SMEs, while defending the BoE s decision to focus its asset purchases on gilts, Reuters reports. (more…)
#bank#Bank of England#credit risk
Companies in Northern Ireland that are struggling to gain access to bank credit could soon benefit from a new investment…
#bank#financial services#interest rates
Santander Bank are preparing to launch a new tool for working capital financing that is to benefit more than 100,000…
#bank#guarantees#invoice
The Interface Financial Group (IFG) has announced that the company will offer support to small businesses that are struggling with…
New British bank Shawbrook has launched today, and is targeting SMEs struggling to get funding from the UK's biggest banks,…
#Aldermore#bank#small business
Enlarging SMEs access to finance is key to Europe s economic fortunes, according to Tancred Tabone, president of the Malta…
#Access to Finance#bank#interest rates
Coface has reported a deterioration of the average strength of companies in Europe and in the United States. (more…)
#global trade#recession#risk
Aldermore has appointed Damon Walford as Managing Director of its invoice finance business, which markets factoring and invoice discounting facilities…
#Aldermore#commercial finance#funding
The Ministry of Economy, Finance and Industry has announced measures to support SMEs with foreign operations in an attempt to…
#banks#international#International Trade
The Deputy Minister of Trade and Industry, Elizabeth Thabethe, has urged more than 500 entrepreneurs, small business financiers, academia, consultants,…
#conference#small business#smes
With over US$16.5 million of new client facilities closed in the third quarter, New Orleans-based Republic Business Credit continues its…
#Flexible Funding#receivables#security
Close to 75 per cent of the labour-intensive SMEs in the Pearl River Delta in southern China are expected to…
#bank#e-commerce#receivables
More than 100,000 small businesses could save in excess of £600 million a year in accountancy and administration costs under…
#guarantee#innovation#international