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Coface UK to develop new factoring service to complement...

Credit solutions provider, Coface UK, part of the international Coface Group, is developing a factoring service to complement its existing range of credit reporting, insurance and collections products. The service is scheduled to be launched in 2004. The announcement will...

#exporters#international#management

Small businesses shy of debtor financing

Not enough small- and medium-sized enterprises (SMEs) are using debtor finance to improve cash flows and grow their businesses, according…

#bank#financial institution#international


Change in invoice law to boost factoring operations

The Chamber of Deputies has approved a bill granting invoices executive status, which forces payment without the need for long…

#guarantees#invoice#receivables


Bumiputra-Commerce Bank targets RM60m loans for SMEs

Bumiputra-Commerce Bank Bhd (BCB) hopes to approve RM60m in loans by the year-end under its BCB Fast Track SME Loan,…

#bank#conference#guarantee


SMEs should venture into export market

Zimbabwe's economy at the moment finds itself in unprecedented macroeconomic difficulties. There is an acute shortage of foreign currency, inflation…

#interest rates#international#International Trade


EBRD supports small business in Romania

The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have released Ђ5m to Microfinance Bank MIRO,…

#bank#international#microfinance


Banks to tighten lending to smaller companies

With the nation's economic slump leaving a raft of companies behind on their debt payments, domestic banks are moving to…

#bank#financial services#guarantees


Small firms are key to development in Africa

Small- and medium-sized enterprises (SMEs) are key to African development, South African Reserve Bank (SARB) governor Tito Mboweni said in…

#bank#conference#small businesses


New law helps keep businesses alive

Businesses in the UK experiencing financial difficulties will have more chance of survival as a result of the Enterprise Act…

#cash-flow#insolvency#invoice


US$12m loan agreement with ADB for SMEs

Federal Secretary of Industries and Production, Javed Ashraf Hussain, said yesterday (7 October) that Pakistan was negotiating a US$12 million…

#ADB#Asian Development Bank#bank


Banks not proactive in giving out loans to SMEs

The change in the financial institutions’ corporate culture as a result of their consolidation has left small- and medium-scale enterprises…

#bank#banks#Boost


In or out, prepare to tackle the euro

By Graeme Forbes, head of corporate finance with Grant Thornton. Uncertainty over whether the UK will join the euro is…

#risk#small business#smes

Serbia to host SME conference

The Serbian Ministry of Economy and Privatisation will organise the first international conference entitled Small and Medium-Sized Enterprises - New…

#bank#conference#international

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