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Credit guarantors lacking guidelines

Credit guarantee associations nationwide provided credit guarantees for 138 loans worth 5.6 bn yen to small- and medium-sized companies (SMEs) excluded from the list of eligible borrowers for three years up to fiscal 2003, according to Board of Audit sources,...

#guarantee#guarantees#risk

Abbey sets sights on the SMEs market

Abbey National plans a sustained attack on the market for banking services for small- and medium-sized enterprises after the completion…

#bank#management#small business


Singapore small- and medium-sized enterprises credit bureau to be...

Small- and medium-sized companies (SMEs) in Singapore may soon have easier access to financing. A new SME credit bureau will…

#banks#channel#risk


Married couple loses “partnership” tax test case

SMEs throughout the UK could be liable for higher tax bills after a and husband and wife team lost their…

#Bill#small business#smes


Fewer businesses to go bust, says BDO

There will be a large decline in the number of UK businesses going bust this year, according to insolvency experts…

#economic recovery#insolvency#interest rate


Government keeps tabs on SMEs’ financial woes

Minister of Finance and Economy Lee Hun-jai has ordered senior ministry officials to step up efforts to keep liquidity problems…

#bank#liquidity#smes


High Court told of disgraced Versailles director’s property portfolio...

Carl Cushnie, the businessman jailed for defrauding Versailles' investors, used the proceeds of his fraud to buy an Ј8.6m mansion…

#investment#investments#SAFE


PBSP strengthens program to provide loans to SMEs

With strict policies set by banks and other lending institutions before it would grant loans, a non-government organization has strengthened…

#banks#financial institutions#international


Bibby aims for 40 companies in 10 countries by...

When the UK’s largest and most successful independent factor takes stock and unveils a future strategy designed to maintain its…

#financial services#international#invoice


Ratings to make SME lending easier for banks

There is good news for the field functionaries of banks and financial institutions who have been resisting lending to entrepreneurs,…

#bank#funding#SME lending


Waiting time for SMEs is over

The government said it would urgently promote measures designed to support small- and medium-sized enterprises (SMEs) with a view to…

#e-commerce#European Commission#guarantee


Power of asset-based finance realised by Welsh oil firm

A South Wales-based fuel oil firm has broken through the Ј1m turnover mark after less than two years of trading,…

#commercial finance#funding#i

China’s SMEs welcome to list overseas, say bourse chiefs

The world's major stock exchanges are greeting Chinese firms with open arms. That was the message delivered by executives from…

#innovation#investment#smes

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