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Muscat Finance Co. has announced record profit after tax of RO1.88 million compared to RO1.77 million in the previous year, reflecting an increase of 6 per cent. The board of directors, at its meeting held on February 9, has adopted...
#bank#corporate finance#management
Marquette Business Credit has acquired US$87.5m in revolving credit and term loan facilities from Capital Factors. The sale by Capital…
#asset-based lender#bank#commercial finance
Small Industries Development Bank of India (Sidbi) has submitted a proposal to Finance Minster P Chidambaram for taking a strategic…
#bank#banks#SIDBI
For entrepreneurs bent on making their businesses grow but are hobbled by resource constraints, outside funding can be a much-needed…
#international#management#smes
US small business exporters are obtaining larger working capital loans under the new co-guarantee agreement of the Export-Import Bank of…
#bank#exporters#exports
The European Bank for Reconstruction and Development (EBRD) is opening Rosbank a credit line for US$20m for five years to…
#bank#banks#smes
Independent Growth Finance (IGF), one of the country's fastest growing business finance providers, has promoted Mike Bailey to the position…
#bank#IGF#invoice
Cattles Invoice Finance Limited, the Manchester-based factoring company, have released financial statements for the year to 31 December 2003 showing…
#cash-flow#financial services#funding
Siemens Financial Services, Inc. (SFS), the US financial services arm of Siemens AG, today announced the further expansion of its…
#business finance#commercial finance#financial services
According to the World Intellectual Property Organisation (WIPO) small- and medium- sized enterprises (SMEs) are the driving force behind a…
#bank#exports#SME financing
State Bank of India (SBI) formed its factoring company, SBI Factors (SBIF) in collaboration with UBI and SIDBI in 1991.…
#bank#capital requirements#receivables
Enterprise Finance Europe (EFE), one of the UK's leading asset-based lenders, has provided the senior management team at West Midlands-based…
#funding#invoice#management
According to the Banking Council of South Africa, nearly 1,200 businesses made use of debtor financing services in 2003; the…
#bank#invoice#management