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SMEs turning to families as confidence in banks evaporates

A survey of UK SMEs has revealed many are turning to friends and family to make-up for shortfalls in bank funding (more…)

#bank#business finance#invoice

SMEs increasingly turning to ABL

FLA survey reveals SMEs are looking for alternative sources of finance (more…)

#cash-flow#recession#small businesses


Budapest unveils capital loans for SMEs

Budapest unveils government initiative to make subsidised working-capital loans available to SMEs. (more…)

#bank#Raiffeisen#smes


EBRD strengthens its support for Bulgarian SMEs

The EBRD extends further financial support to Allianz Bank Bulgaria. (more…)

#Allianz#bank#small business


EU taking steps to improve SME access to finance

The European Union has highlighted the significance of adequate financing for SMEs in the downturn. (more…)

#European Commission#guarantee#guarantees


SPRING Singapore says credit situation improving

SPRING Singapore said Wednesday the credit situation for companies is improving (more…)

#banks#crisis#financial institutions


New SME fund launched

It has been announced today that SMEs in the East Midlands could gain access to finance through a new fund…

#guarantee#management#small businesses


Alternative finance the key for small firms

With a 51% rise in the number of firms going bankrupt in the Q4 2008, Bibby Financial Services is urging SMEs to…

#bank#financial services#insolvency


Cartu Bank to receive $20m from EBRD

Cartu Bank is expected to receive US$20 million funding from the European Bank for Reconstruction and Development (more…)

#Access to Finance#bank#funding


Barclays boost for SMEs

Barclays has announced cuts in its small business interest rates, making repayments more affordable for customers borrowing in the UK…

#bank#Bank of England#interest rates


Bad debts rising as the global financial crisis bites

ANZ and National Australia Bank, two of Australia s largest banks, said asset values and ultimately profits were under pressure…

#ANZ#bad debts#bank


Govt set to announce second stimulus package

The Malaysian government is working on the details of the second stimulus package according to the Deputy Prime Minister (more…)

#awards#management#smes

Factors offer SMEs port in financial storm

Against the sobering backdrop of a global recession - factoring, once unfairly labelled as ‘last resort lending’, is providing many SMEs with a valuable…

#bank#forum#management

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