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Equipment leasing firm Boston Financial Equity Corporation (BFEC) has formed a new division that will provide accounts receivable financing to SMEs that are unable to obtain bank loans. (more…)
#AR#bank#funding
Loans under the Bangladesh Bank's SME refinance scheme have increased more than threefold to about BDT100 crore (EUR9.9m) (more…)
#Bangladesh bank#bank#banks
The Chinese Ministry of Finance (MOF) said on Monday that it would provide capital support for domestic SMEs (more…)
#3M#guarantee#Produce
Intermediary Communications has added Interface Financial Group, a leading international company specialising in invoice discounting for SMEs, to its steadily…
#cash-flow#financial services#international
The small and medium enterprise (SME) business will remain one of the key growth areas for many banks in Malaysia…
#bank#financial services#international
According to Bibby Financial Services, economic conditions will get worse for small businesses, even with a second rate cut from…
#bank#financial services#interest rates
UEAPME, the European craft and SME employers' organisation, welcomed the announcement of an increase in the European Investment Bank's lending…
#bank#guarantee#guarantees
The European Investment Bank (EIB) has announced that it will increase financing for small and medium sized enterprises (SMEs) (more…)
#bank#crisis#investment
Central Bank of Kenya (CBK) has asked banks to increase lending to SMEs after Governor Njuguna Ndungu took issue with local…
#bank#international#management
Britain's SMEs are owed a massive GBP 18.6bn in outstanding payments according to research commissioned by Bacs Payment Schemes Limited.…
#invoice#late payment#payment practices
China's central bank is in the process of discussing a pilot project to allow SMEs to raise funds through short-term…
#bank#Bank of China#financial institution
A survey conducted by Close Invoice Finance has revealed that SME owners are distinctly unimpressed with the service they get…
#bank#invoice#small business
Chinese banks must use up their added lending quota this year in favour of small and medium-sized companies, the top…
#bank#interest rates#management