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Cattles funds enterprising entrepreneurs

Funding from Cattles Invoice Finance has enabled four Leeds-based entrepreneurs to set up their own sheet metal engineering business after the company they worked for, Metal Formers, went into administration. Ian Taylor, director at newly formed Applied Metal Technology Limited,...

#cash-flow#funding#invoice

Development Bank of Philippines provides P5bn factoring fund for...

The Development Bank of Philippines (DBP) has revived an instant working capital financing programme with a P5bn (US$90m) fund in…

#bank#conference#smes


Small businesses shy of debtor financing

Not enough small- and medium-sized enterprises (SMEs) are using debtor finance to improve cash flows and grow their businesses, according…

#bank#financial institution#international


International Finance Corporation proposes small business finance for Iraq

The World Bank's private-sector financing arm will seek support for more than US$100 million worth of projects in Iraq at…

#bank#business finance#conference


Interest burden declines more for mid-sized companies

The effects of the steady decline in the interest rates have been sharply divergent for frontline companies (large and mid…

#economy#interest#interest rates


GE Corporate Financial Services acquires NMB-Heller Limited UK

GE Corporate Financial Services announced today it has purchased NMB Heller Ltd UK from NMB Heller Holding N.V. The transaction…

#bank#commercial finance#ING


EFIC completes sale of short-term export credit insurance business

The Export Finance and Insurance Corporation (EFIC) finalised the sale of its short-term export credit insurance business to GERLING NCM…

#export credit insurance#exporters#guarantees


CII survey shows small industries realigning to market forces

A snap poll of small- and medium-sized enterprises (SMEs) conducted by the Confederation of Indian Industry (CII) shows a competitive…

#exports#international#smes


SME Bank and Nova Scotia Bank link to boost...

The Small and Medium Enterprises Development Bank of Thailand (SME Bank) has formed an alliance with Toronto-based Nova Scotia Bank…

#bank#exporters#guarantees


ECGC enhances credit operation

The Export Credit Guarantee Corporation of Zimbabwe (Pvt) Ltd (ECGC) says it is enhancing its credit operations at a time…

#bank#exporters#guarantees


Nafin to disperse US$23 million in SME loans

The Secretariat of the Economy (SE) has signed a collaboration agreement with the National Financing Agency (Nafin) that will allow…

#economy#guarantees#SME loans


Crestmark Bank announces new First VP for asset-based lending...

Crestmark Bank has introduced Mark Matheson as its newest first vice president. Matheson will initially be responsible for underwriting and…

#bank#commercial finance#management

Federal funds available to small businesses affected by storms

Low-interest federal loans of up to US$1.5 million have been approved for small businesses affected by storms that swept across…

#interest#small business#small businesses

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