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UK firms stay loyal to banks and their finance

More than six in ten UK businesses have stuck with the same bank over the last five years, according to a poll by the Institute of Directors (IoD). The survey shows that 44 per cent have been with their bank...

#bank#small business#smes

Lack of trade financing technology hits Africa's competitiveness

Africa's finance, planning and economic development and trade ministers warned yesterday that lack of access to trade financing information and…

#African Development Bank#bank#international


SIDBI focusing on direct finance for SSIs and SMEs

The creation of an exclusive fund for small- and medium-sized enterprises (SMEs) and the outsourcing opportunities available to small-scale industry…

#bank#interest rate#receivables


New Enterprise Finance Europe team signs deal in first...

Enterprise Finance Europe (EFE), one of the UK's leading asset-based lenders, has celebrated the opening of its new office in…

#bank#commercial finance#management


New trade finance product to reduce working capital costs,...

The developers of a new trade finance product claim it could reduce the working capital costs of small-and mid-sized enterprises…

#financial services#invoice#management


Call for equity funding for SMEs intensifies

Small-and medium-sized enterprises (SMEs) with less than RM25m in annual turnover could soon have the option of raising money from…

#bank#banks#funding


Small- and medium-sized businesses shunning overdrafts for invoice finance.

Leading business finance providers, Bibby Financial Services today reports record rises in the number of small and medium sized businesses…

#bank#business finance#financial services


New credit line opens finance options for SMEs

Slovakia’s small- and medium-sized enterprises (SMEs) could be on the receiving end of Ђ10m in new credit because of a…

#bank#cash-flow#interest rate


SME lending projected to double this year

Small- and medium-sized enterprises (SME) will apply for far more loans than last year, according to a survey conducted by…

#bank#SME lending#SME loans


Equifax launches web-based debt and fraud tool for SMEs

Equifax Plc, the business information provider, has launched eDecision, an online credit application processing and scoring solution aimed at providing…

#Equifax#fraud detection#risk


Small businesses to benefit from Sh2.7bn funding

Kenya's fast growing small- and medium-sized enterprises are to receive a crucial boost from World Bank restructuring funding to the…

#bank#international#management


Three new SME schemes launched in Malta

The Malta Enterprise Corporation (MEC) yesterday announced three new enterprise schemes to support small-and medium-sized enterprises (SMEs). The schemes, announced…

#bank#guarantees#investment

SMEs optimistic but fear further rate rises

Nearly seven out of 10 (69%) of businesses surveyed in the latest report from the Tenon Forum said that they…

#bank#forum#interest rates

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