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EUR4bn loans for Spanish SMEs

The European Investment Fund, part of the European Investment Bank Group, and six Spanish banks have signed the first SME Initiative transactions in Europe, in the presence of the Secretary of State Marta Fernбndez Currбs (more…)

#bank#EIF#interest rates

Turkmenistan small business initiative

The European Bank for Reconstruction and Development (EBRD), in partnership with the European Union, on October 1 launched its Small…

#bank#international#management


EIB to offer peer-to-peer lending to UK SMEs

The European Investment Bank (EIB) has begun discussions with peer-to-peer lender Funding Circle on a project that would offer funding…

#bank#guarantee#small business


SME financing budget lifted by Central Bank of Iraq

The Iraqi Private Banks League announced that the Central Bank of Iraq launched an additional IQD0.5trn to the financing budget…

#bank#banks#SME financing


US and Nigerian SMEs in trade mission

A trade delegation made up of 16 US companies representing various sectors visited Nigeria last week as part of the…

#economy#investment#smes


NoviCap raises USD1.7m

NoviCap, the invoice trading marketplace headquartered in London but with offices in Barcelona and a customer base largely in Spain,…

#invoice#NoviCap#payment terms


BoI secures USD100m fund for SMEs

To aid its development financing objectives, in particular for SMEs, the Bank of Industry (BoI), has secured a USD100m line…

#AfDB#African Development Bank#bank


UK SMEs owed GBP67.4bn in unpaid invoices

According to new research from the Asset Based Finance Association (ABFA) the amount owed is an increase of 8 per…

#asset based finance#funding#invoice


RBS invoice finance appoints new regional managing director

RBS Invoice Finance has appointed a new managing director for its invoice finance division for the South West and Wales…

#bank#funding#invoice


Raiffeisen Factoring signs EUR40m loan

The European Bank for Reconstruction and Development (EBRD) has agreed to provide a loan of up to EUR40m to Raffeisen…

#bank#funding#international


Scottish Pacific release SME growth index

Growth stumbles; SMEs put banking in too hard basket (more…)

#bank#banks#cash-flow


Tawreeq Holdings crosses USD55m milestone

Tawreeq Holdings crosses milestone of USD55m in supply chain finance programmes since launch (more…)

#financial services#payment terms#smes

EBRD with Bulgaria SME visit

A delegation representing the European Bank for Reconstruction and Development (EBRD) led by Matteo Patrone, the Bank’s Regional Director for…

#bank#economy#international

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