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SBA suspends small-business loans

The Small Business Administration (SBA) has announced that it has suspended its main US$9.4 billion loan programme because it has run out of money. The 7(a) Loan Guaranty programme benefits business owners who typically do not qualify for traditional bank...

#bank#management#small business

Entrepreneurs recruit Cattles Invoice Finance

Hull-based recruitment firm, The PSR Group, has undergone a management buy-out (MBO), led by Aisling Murray and Jayne Beardshaw with…

#cash-flow#funding#invoice


Business life in the fast lane

Nearly two-thirds (60 per cent) of UK businesses have grown their turnover in the last 12 months, with almost a…

#bank#cash-flow#invoice


New general director for Bibby Factors Polska

Bibby Factors Polska Sp. zo.o. has announced that effective 1 January 2004 Krzysztof Kuniewicz will take up his appointment as…

#management#poland#WHO


Freedom Financial announces new vice president

Freedom Financial, Inc., a rapidly growing provider of factoring, purchase-order financing and additional asset-based lending services, has announced the appointment…

#commercial finance#i#order financing


Maine Group to buy small Hyannis bank

The Banknorth Group of Maine announced plans on Tuesday to buy CCBT Financial Companies for $300 million in stock. Barring…

#bank#commercial lending#conference


Tourism sparks rush for credit by SMEs

Hong Kong's small- and medium-sized enterprises (SMEs) are calling on their bankers for more credit to fund their growing business…

#bank#funding#interest rates


Participation vital for small business growth

The primary objective of the Revised National Policy for Rural Development programme, co-owned by the African Development Foundation (ADF) and…

#small business#WHO


Survey reports surge in business start-ups

The number of businesses starting up in the past year has risen sharply, according to a new index that challenges…

#small business#small businesses#trade


Nine charged in factoring company’s fraud on Portuguese bank

Nine men were indicted on charges of stealing $170 million from a Portuguese bank branch in Florida through what prosecutors…

#bank#Clear#interest


New commissioner to help make small businesses bloom

Canberra's small businesses will get their own commissioner. The post, announced in yesterday's Economic White Paper, but promised before the…

#economy#small business#small businesses


ISME responds to Budget

ISME, the Independent Business Organisation, is disappointed that the Budget contains very little with respect to the promotion of enterprise,…

#Paid#risk#small businesses

Poll shows environment worsening for SMEs; access to bank...

The Czech business environment is increasingly confusing, corruption among government clerks is growing and the work of the courts is…

#bank#banks#guarantees

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