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Slovak Factoring Association sees factoring volumes grow

Factoring companies operating in the Slovak market are succesful in persuading clients about the usefulnesss of their services. In H1 2006 factoring companies retained the high growth dynamics when the volume of the assigned receivables rose year-on-year by almost a...

#bank#international#international factoring

IGF appoints Ruth Salhus as Client Manager for the...

Ruth joins IGF from the South African factoring and invoice discounting market, where she has spent 23 years in a…

#bank#IGF#Independent Growth Finance


EBRD guarantees USD1m SMEs finance

The European Bank for Reconstruction and Development is providing Bai Tushum, one of the leading microfinance institutions in the Kyrgyz Republic,…

#bank#guarantees#international


Why SMEs are attracted to trade finance

Consider this. In 2005, the UK imported about UKP270bn of products. These are invariably manufactured goods, but how are these…

#bank#management#security


Muscat Finance posts RO1.83m profit

Muscat Finance Co. Ltd, the pioneer in debt factoring, leasing and hire purchase services in the Sultanate, has reported a…

#leasing#Paid#smes


Dramatic increase in late payments – survey

Problems with late payments have increased sharply in the past 12 months, according to a survey by BACS, the electronic…

#interest#late payment#smes


Korea's fledgling credit bureaus promise to change lending practices

A senior official at Korea Enterprise Data says the credit bureau industry is a key instrument in facilitating access to finance…

#international#management#risk management


The switch to invoice finance continues, says SA chief

Increasing rates and delays in decision-making and red tape by banks have resulted in hundreds of SMEs seeking alternative ways…

#credit protection#invoice#smes


SME business confidence index improved in October

The business confidence index for small- and medium-sized enterprises (SMEs) was 40.4%, up by 4 percentage points in October (more…)

#economy#international#smes


Interview with Jana Nemeckova, chairwoman of Transfinance Factoring company

Jana Nemeckova became a chairwoman of the board of leading factoring company Transfinance a few weeks ago. In an interview…

#exporters#exports#international


US African Development Foundation to boost SMEs with US$1.5m

The United States African Development Foundation (USADF) has earmarked US$1.5m (about Shs2.7 bn) for the development of (more…)

#Boost#management#smes


RCE Capital targets 20pc ROE for AMDB Factoring acquisition

RCE Capital yesterday received shareholders approval to acquire the entire paid-up capital of AMDB Factoring of 10 million shares worth…

#confirming#factoring and confirming#funding

Hidden cost of bad debt costs UK businesses billions

The time spent chasing late payment and the effect of dealing with bad debt is costing UK SMEs an estimated…

#bank#financial services#late payment

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