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Rate cuts not being passed on to SMEs

More than two thirds of small-to-medium sized businesses have said the interest rates on their loans have risen over the past six months despite huge rate cuts from the Reserve Bank. (more…)

#bank#funding#interest rates

SMEs can expect half a million in support

Irish SME's will benefit from the decision of the EU Commission to authorise the Irish Government to hand out state…

#confirming#exports#recession


Wells Fargo launches online invoicing

Wells Fargo has introduced a new online invoicing system to strengthen the efficiency of businesses and reduce the level of paper in…

#bank#invoice#payment terms


Euler Hermes commends government but attacks banks

Euler Hermes welcomes government credit insurance scheme while attacking the banks for not lending in the downturn. (more…)

#Atradius#management#security


SME support initiative launched

More than 200 prominent industrial leaders from across the globe will gather in Dubai today for the region's first International…

#forum#international#management


Minister calls for greater banking support for SMEs

In a recent meeting with Australia's major banks, Minister for Small Business Craig Emerson, criticised the Australian Bankers Association (ABA)…

#bank#cash-flow#interest rates


ICBC and alibaba to build online SME financing platform

Alibaba.com and the Industrial and Commercial Bank of China signed a strategic cooperation agreement under which they will work together…

#bank#management#SME financing


NIB loan aims to revitalise SME sector

The Nordic Investment Bank and the Latvian state-owned Latvijas Hipoteku un zemes banka have signed a new agreement for a…

#bank#financial institution#recession


Banks turn focus to SMEs

The banking industry has increased focus on loans to small and medium enterprises (SMEs), which have been remained ignored for…

#bank#management#SME financing


Government proposes SME development fund

The Ministry of Planning and Investment (MPI) has suggested a number of incentives for small and medium-sized enterprises (SMEs), including…

#European Commission#GDP#international


Financial squeeze easing for Korean SMEs

Loan guarantees provided by credit guarantee institutions and the extension of payment deadlines extended by banks, have helped to ease the…

#banks#guarantee#guarantees


Increasing pay wait for SMEs

Survey reveals that SMEs are having to wait longer to get paid and facing tightening credit facilities. (more…)

#payment terms#receivables#risk

Drop in supplier credit hurting SMEs

A recent survey revealed that UK SMEs are under just as much or more pressure from shrinking inter-company credit than…

#bank#invoice#management

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