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CIT officially announced a financial restructuring plan late yesterday; opting as previously reported to offer debt exchanges to bondholders in order to improve liquidity and capital. The company also confirmed that, should the exchanges fail, a voluntary bankruptcy filing could...
Manchester-based debt management provider Baines & Ernst has launched a corporate insolvency division to help struggling firms (more…)
Bibby Financial Services said today it is unveiling 'KickStart' a specialized funding program for entrepreneurs and small business owners (more…)
The Sharjah Chamber of Commerce and Industry (SCCI) is to liaise with banks to help SMEs cope with the economic…
A new 23m Welsh Assembly Government fund to support small businesses in Wales has been unveiled (more…)
The Singapore government announce the launch of an Export Cover Scheme designed to aid local exporters. (more…)
#Atradius#export credit insurance#exporters
Profi Credit IFN SA, a member of the Czech financial group Profireal Group, on Monday set the official date to…
Bulgaria s Development Bank is expected to launch operations in mid-2009, said energy minister Petar Dimitrov. (more…)
ICICI Bank is planning to launch a private equity (PE) fund for SMEs through a special purpose vehicle (SPV) within…
#bank#funding#ICICI Bank
Leszek Czarnecki intends to launch a new bank in October which will be called Introbank and will focus on SMEs.…
Oxygen Funding Corporation, a new factoring company has announced the opening of their corporate offices located in Lake Forest, CA.…
#cash-flow#factoring industry#funding
Euler Hermes Canada, has today launched a new Credit Insurance policy today designed with smaller or starting businesses in mind.…
#Allianz#management#small businesses
Union Finance Minister P. Chidambaram would officially inaugurate on February 2 the Janasree Sustainable Development Mission.' (more…)