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Late payment chokes SME cash flow

Bigger companies are now taking longer to pay creditors. "Since the introduction of the General Sales Tax (GST), corporate Australia has renewed its focus on the importance of good debt management in order to maximise available cash flow," Craig Winkler,...

#cash-flow#debt collection#late payment

Auditors urged to partner banks for successful SME loan-assessment...

The auditor community has been urged to partner local banks by providing them with a credible and consistent set of…

#conference#international#management


Small businesses give the thumbs up to banks

Complaints that big banks were reluctant to lend money to small businesses have proved largely unfounded, according to a new…

#bank#interest rates#small businesses


International Finance Corporation to finance SMEs

The International Finance Corporation (IFC) is finalising a deal to provide a credit line to Syria's banking sector, to be…

#bank#financial institution#international


SMEs offered access to EU billions

The Sixth Framework Programme, known as FP6, is the EU's main way of providing funding for collaborative research and innovation…

#awards#European Commission#funding


Corporation tax revamp will hit smaller businesses says ACCA

ACCA (the Association of Chartered Certified Accountants) warns that UK businesses - especially small- to medium-sized enterprises (SMEs) - will…

#ACCA#inflation#international


Only one bidder for Konzumbank

The sole offer for Konzumbank, made by the Hungarian Foreign Trade Bank Rt (MKB), was unanimously accepted by the board…

#bank#interest#smes


Mixed bag for SMEs in BoE report

The Bank of England's latest investigation into conditions for small businesses has turned up a 'mixed picture' of results. The…

#bank#Bank of England#NatWest


Poland entices banks to finance EU programmes for SMEs

Poland has lured the nation's banks to finance pre-payments on EU programmes in return for a series of key legal…

#bank#banks#guarantees


EIB supports SME projects in Hungary, Romania and Slovenia

Representatives of European Investment Bank (EIB) approved a loan of Ђ100 million to support investment projects introduced by small- and…

#bank#innovation#investment


Planters Development Bank to release new loans to Mindanao...

The Planters Development Bank (PDB) announced on Thursday (30 October 2003) that they would be allotting P2bn (US$36m) in new…

#bank#interest rates#international


IFC willing to finance SMEs

The International Finance Corp. (IFC), the financing arm of the World Bank, is willing to provide financing for small- and…

#bank#interest rates#international

Small businesses optimistic about Economic Review Committee's proposals

A survey of more than 400 local small- and medium-sized enterprises (SMEs) has shown that they expect the recommendations of…

#conference#emerging markets#small businesses

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