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The prolonged credit crunch period brought about by the 1997 Asian crisis has precipitated the need to develop a credit delivery system that could prevent the closure of small- and medium- enterprises (SMEs) that lacked working capital or had severed...
#bank#bank loan#crisis
Skipton Business Finance Limited (SBF), a subsidiary of Skipton Building Society, has reported a profit before tax of Ј407,050 for…
#business finance#Skipton Business Finance#working capital
Credit insurer Coface UK's latest product launch includes the provision for exporters to shield themselves against bad debts. The financing…
#bad debts#exporters#receivables
Ardaini & Associates has agreed to join the US Global Marketing Advisory Board, providing management consulting and commercial financing services.…
#bank#international#management
The Commercial Bank of India LLC (CBI), a joint venture between public sector Canara Bank (BSE:CNBK) and State Bank of…
#bank#guarantees#SBI
S Kumars Nationwide Ltd (SKNL) is planning to repay its rupee debt by raising US$150m (close to Rs 700 crore…
#bank#cash-flow#guarantee
Dynamic Commercial Finance, the independent invoice finance company based in Haywards Heath, has been acquired by Enterprise London Limited (ELL).…
#commercial finance#financial services#IGF
Getting the right finance deal for your company – big or small – demands creative solutions, according to a factoring…
#bank#credit protection#management
Local hotel operators should consider using asset securitisation as a means of raising working capital to finance construction, according to…
#bank#bonds#guarantee
Citibank’s corporate credit manager in Greece, D. Anagnostopoulos, believes the bank can triple its business with SMEs. Despite representing an…
#bank#information systems#risk
Standard Chartered Bank has concluded a factoring deal worth $25m for Bharat Forge Ltd, a castings and forgings supplier based…
#bank#capital requirements#credit risk
The Philippine Export-Import Credit Agency (PhilEXIM) has approved a package of measures that would reduce the cost to exporters of…
#exporters#guarantees#risk
China’s commercial banks have been urged to accelerate loan support to private sector when tightening lending policies to cool down…
#bank#bank loan#interest rates