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ADB: SMEs need more access to credit

According to the “Asia SME Finance Monitor 2014” report by the Asian Development Bank (ADB), the Philippines and other economies in Asia have made progress in addressing the SMEs’ limited access to credit, but a lot more needs to be...

#ADB#Asian Development Bank#bank

Invest in Africa to help SMEs

Small and Medium Enterprises are set to benefit from a three year programme that offers business skills and governance training.…

#African Development Bank#bank#international


German Lender to give Tanzanian SMEs financial support

Exim Bank Tanzania has signed a USD20m loan pact with Germany's private enterprise lender, Deutsche Investitions und Entwicklungsgesellschaft MBH (DEG)…

#bank#economy#Exim Bank


UK government set to increase small business spending

Small businesses throughout the UK will have a greater chance of working on government contracts, with a third of national…

#asset based finance#invoice#small business


CFOs set to mentor SMEs launched in Singapore

At the CFO Connect Symposium 2015 last week, a new program was launched that aims to draw on the expertise…

#BFM#management#smes


Bibby’s eastern promise

Bibby Financial Services (BFS) has expanded into Malaysia, where it will provide factoring services to Singaporean SMEs (more…)

#alternative financing#financial services#invoice


New trade finance solution released

Global debtor finance specialist Bibby Financial Services has introduced a trade finance solution for importers (more…)

#bank#international#invoice


Former Bibby man joins Quantum

Investec Asset Finance Group has announced that it has appointed Paul Cunningham as Head of Quantum Funding Ltd (Quantum). Mr…

#financial services#Investec#invoice


Late payments on the rise for UK SMEs

Despite Government attempts to enforce a code for prompt payment and plans to appoint a Commissioner to oversee business rows,…

#financial services#Paid#payment terms


UK government to remove invoice finance limitations

Anti-invoice finance terms and restrictive clauses in contracts that prevent businesses from gaining invoice finance are set to be banned…

#assignment#invoice#late payment


Legion grows UK presence

Legion Trade Finance has agreed deals to provide GBP1.3m of new funding to a diverse range of businesses across the…

#smes#supplier payments#supply chain finance


Bad debt remains chronic stumbling block for UK businesses

Bibby Financial Services Report suggests as many as 1.3m SMEs may be affected (more…)

#financial services#insolvency#security

SBCI lending reaches EUR45m

Over 1,600 small- and medium-sized businesses have drawn down a combined EUR45m from the Strategic Banking Corporation of Ireland in…

#bank#bank loan#banks

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