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Platinum Funding Group announced a two-year US$6-million financing facility for Cal Stonewood Properties LLC. (more…)
#funding#small business#Two
Small to medium business conditions remain steady and strong and slightly better than larger/corporate firms, especially among larger SMEs, according…
#interest#interest rates#smes
digiMedical Solutions, Inc. has entered into a contract with Rockland Credit Finance to finance its pharmacy receivables. (more…)
#cash-flow#insurance#receivables
State Securities has completed its largest ever asset finance transaction at STG4.8m. (more…)
#cash-flow#funding#Two
IBM India Ltd Wednesday commenced its small and medium businesses (SMB) operations at Nashik in Maharashtra. (more…)
#economy#IBM#SMB
Inecobank will receive a US$5m loan from EBRD, which will be directed to financing the SME and MSE sectors. (more…)
#bank#smes#trade
The Small and Medium Enterprises Consortium has opened its office in Hyderabad and it already has 60 members. (more…)
#Jobs#Two
SMEs are forecast to contribute 37% to GDP in 2010 from 32% two years ago. (more…)
#economy#exports#GDP
Meliorbanca SpA said it had received and will examine a merger proposal from Banca Profilo. (more…)
#bank#banks#investment
The government will spend more than Rs13bn on the development of SMEs until 2015. (more…)
#awards#guarantee#Paid
Eurofaktor, the first factoring firm to have been floated on the WSE in 2004, is abandoning its core activity for…
#debt collection#insolvency#Paid
Ned Davis Maraman, owner of Daman Tools in Cleveland has been indicted for wire fraud and money laundering. (more…)
#bank#factoring fraud#invoice
The higher costs of capital coupled with increased red-tapism have curtailed the productivity of SME. (more…)
#banks#interest rate#security