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Canara Bank has launched a new scheme for small-scale industries (SSIs) banking with it. The bank will sanction a stand-by credit of up to Rs 5 lakh to SSIs at the time of a regular sanction of working capital. However,...
#bank#interest#working capital
The number of business failures is poised to reach 70,000 over the next three years as a downturn in consumer…
#capital requirements#international#management
Indonesian small- and medium-sized enterprises (SMEs) have called on the government to provide help in promoting their products overseas to…
#exporters#exports#smes
The Kanara Small Industries Association (KSIA) has asked the Karnataka Government to take steps to provide adequate Budgetary support for…
#Clear#conference#crisis
Enterprise Finance Europe (EFE), the receivables finance and asset-based lender which launched in the UK just over 12 months ago,…
#asset-based lender#Flexible Funding#management
Measurement Specialties (Amex: MSS) announced today that on Friday, 31 January 2003, the Company has entered into a three-year US$15…
#AMEX#management#security
Energy Visions Inc. ("EVI") announced that the date by which it must pay C$845,328 to acquire a controlling interest in…
#acquisition#receivables#security
The Department of Trade and Industry will relax the collateral requirement on microbusinesses and small and medium enterprises (SMEs) for…
#assignment#risk#smes
Brightpoint, Inc. (NASDAQ:CELL) announced today that its Australian subsidiaries, Brightpoint Australia Pty Limited and Advanced Portable Technologies Pty Limited, entered…
#channel#commercial finance#management
CIT Commercial Services, a unit of CIT Group Inc. (NYSE: CIT), today announced that it has provided a $56 million…
#CIT#CIT Commercial Services#Letters of Credit
Caisse centrale Desjardins, the financial agent for Desjardins Group, is offering its small business members a chance to increase their…
#exporters#international#management
The European Business Credit Group of Bank of America (BABC) has today announced that it has completed the syndication of…
#bank#Bank of America#commercial finance
More than a decade after its establishment, the Small Industry Finance Corporation has finally achieved its goal and upgraded itself…
#bank#banks#Bill