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The Monetary Board has relaxed the single borrowers limit (SBL) on banks buying trade receivables from small and medium scale enterprises (SMEs). In a circular which will take effect next week, the BSP's policy-making body said that the banks would...
#bank#capital requirements#smes
#working capital#working capital finance
New loans are being made available to small- and medium-sized enterprises (SMEs) which have been suffering from a drought of…
#banks#management#receivables
GMAC Commercial Finance has approved a new US$45 million factoring facility for leading private label and private brand casual apparel…
#capital requirements#commercial finance#management
Oman's youngest finance company, Taageer Finance Company (SAOC), has posted an over 85 per cent jump in net profit for…
#bank#investment#leasing
A successful relationship between City-based receivables finance specialists, Enterprise Finance Europe (EFE), and new Oxfordshire-based client, Jonathan Crisp, has provided…
#cash-flow#invoice#management
One result of China's macroeconomic adjustments is working capital loans are being squeezed slightly more than investment loans, the head…
#bank#conference#guarantees
The Singing Machine Company, a maker of consumer-oriented karaoke machines in the US, has said it will look to selling…
#capital requirements#management#receivables
Small- and medium-sized enterprises (SMEs) wanting to finance their information and communications technology (ICT) implementation are currently faced with a…
#cash-flow#Funding Options#smes
Small firms' lobby group, The Irish Small and Medium Enterprises Assocation (ISME), has expressed concern at the impact of Irish…
#cash-flow#invoice#smes
The developers of a new trade finance product claim it could reduce the working capital costs of small-and mid-sized enterprises…
#financial services#invoice#management
GMAC Commercial Finance’s (GMAC CF’s) Retail Finance Group announced the closing of a US$10 million fully-secured revolving credit facility to…
#banks#commercial finance#financial services
The financial environment for small businesses has improved sharply over the past decade, with a wide range of financial options…
#bank#Bank of England#invoice