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Factoring industry boosts profits by 27%

Chile's factoring industry posted profits of 5.21bn pesos (US$7.45m) in the first half this year, up 27% compared to the same period last year, local daily El Mercurio reported. The factoring industry managed a total of 45.5bn pesos during the...

#banks#factoring industry#smes

Interest-free loans reach hundreds of SMEs

A total of 544 small- and medium-sized enterprises (SMEs) in Macau, applying for a government-funded interest-free loan to weather the…

#bank#guarantee#guarantees


SME Development Fund invites applications to finance SME development...

The Hong Kong Trade and Industry Department (TID) will start to invite applications for the third round of the SME…

#funding#management#smes


Canbank Factors Ltd reports best ever in volume and...

Canbank Factors Ltd, a subsidiary of Canara Bank, recorded its highest ever turnover (factoring volume) of Rs 1,223 crores for…

#bank#banks#liquidity


The government joins ADB to make US$ 85m loans...

The Indonesian government and the Asian Development Bank (ADB) will channel US$85m in loans for small- and medium-scale exporters across…

#ADB#bank#exporters


China policy bank to provide more financial support to...

The plans include creating a platform designed to provide SMEs with smoother access to capital and credit guarantees, boosting growth…

#bank#Bank of China#banks


SME development relevant and vital to Africa, said the...

Abdul Wahid Omar, chief executive officer and managing director of United Engineers (Malaysia) Bhd group, said at the just-ended Smart…

#GDP#international#small business


Programme makes it easier for SMEs to get into...

While many business owners regard global trade and export opportunities with excitement and enthusiasm, others are content to concentrate on…

#exporters#international#International Trade


Alliance Bank programme for SMEs and SMIs

Alliance Bank, in collaboration with McFab (M) Sdn Bhd, has launched the Tradelink Purchasing Card Programme, aimed at helping small-…

#bank#smes


New financing line for SMEs

The Agency for Small and Medium Enterprises (SMEs) and Banca Commerciala Romana (BCR) signed a contract for a new financing…

#Paid#smes#WHO


SME Invoice Finance launches new website for SMEs and...

Dedicated to meeting the cash flow needs of small- and medium-sized enterprises (SMEs), SME Invoice Finance (SMEIF) has announced the…

#banks#cash-flow#invoice


Non-reimbursable loans for SMEs in the second phase of...

The second appeal for recommendations of projects within the non-reimbursable financing plan for small- and medium-size enterprises (SMEs) was launched…

#European Commission#Jobs#smes

Japanese bank lends Mexico US$250m for SME upgrades

The Japan Bank for International Cooperation (JBIC) has provided Mexico with US$250 million for upgrading small- and medium-sized enterprises (SMEs)…

#bank#international#smes

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