SME News
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2020-10-12
Business Development Fund set to reform financing policy for SMEs
Reforms in the provision of credit guarantees by the Business Development Fund (BDF) are likely after the Parliament’s Public Accounts Committee (PAC) poked holes in the funding extended to Small and Medium Enterprises (SMEs). During two vir...
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2020-10-12
34% of Small Businesses Struggling to Pay October Rent
In its latest Alignable Pulse Poll of 7, 726 small business owners, 34% of the respondents say they are struggling to pay their rent in October. This news comes as the pandemic continues to disrupt business operations across the board eight mont...
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2020-10-10
Lithuanian SME Finance Launches Self-Service Platform With Fast Factoring Approval
Lithuanian based SME Finance, a provider of non-banking business financing in the Baltic region, has launched a self-service platform for its factoring service. Customers can now receive factoring approval almost twice as fast as before offering...
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2020-10-09
Up to 15,000 SME loans set for release
Metro Manila (CNN Philippines, October 9) — The Small Business Corporation is close to releasing the proceeds of loan applications secured since June as it looks to assist micro enterprises to get back on their feet. SB Corp. Vice Presi...
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2020-10-09
4,000 SMEs to benefit from £7m to bridge workforce skills gaps
The Growth Company has been awarded a £7m contract to help 4,000 SMEs across Greater Manchester reskill their workforces, supporting the city region’s long-term economic recovery in response to Covid-19. Funded by the European Social F...