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Insurance sector can fill Arab world’s US$123 billion SME funding gap
By Invoice Bazaar | November 26, 2021
Small and medium enterprises (SMEs) in the Arab world are finding it challenging to secure financing from traditional banks as the latter..
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China announces relief measures to boost support for SMEs
By Invoice Bazaar | November 25, 2021
To boost support for SMEs amid downward pressure and uncertainties, China’s Ministry of Industry and Information Technology has decided to step up relief for SMEs..
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Allica Bank buys AIB Group’s £600 million UK SME loan portfolio
By Invoice Bazaar | November 24, 2021
Allica Bank has decided to purchase AIB Group’s £600m SME lending book, following the latter’s decision to exit from the United Kingdom’s SME market. The transaction..
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Lithuanian SMEs to get €100 million funding to tide over pandemic impact
By Invoice Bazaar | November 23, 2021
Lithuania-based financial intermediary UAB SME Bank has inked a guarantee agreement with the European Investment Fund that..
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Citi unveils sustainability-linked supply chain finance in the Asia Pacific
By Invoice Bazaar | November 21, 2021
To support its clients in advancing their ESG (Environmental, Social, and Governance) priorities and manage their working capital..
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MSME’s contribution to Nigeria’s GDP may rise from current 49% to 70% by 2025
By Invoice Bazaar | November 20, 2021
ontribution to the country’s Gross Domestic Product from the current 49% to 70% by the close of 2025, according to Dikko Radda..
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84% of SMEs in Australia think bank loans are difficult to secure
By Invoice Bazaar | November 19, 2021
A new report published by RedZed, Australia’s self-employed loan specialists, has found that the vast majority of SMEs across the country are skeptical about obtaining a bank loan..
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Debt-ridden micro-entrepreneurs in Bangladesh deprived of stimulus package
By Invoice Bazaar | November 18, 2021
The Bangladesh government had unveiled a stimulus package of Tk230 billion for small and micro-entrepreneurs to help them tide..
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Mortgage brokers in Australia want to diversify into SME finance but lack confidence
By Invoice Bazaar | November 17, 2021
Residential mortgage brokers are keen to diversify into SME lending as 20 to 30 percent of their present clients are business owners..
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Loan disbursement to MSMEs jump 2.5 times in India’s most populous state
By Invoice Bazaar | November 15, 2021
Loan disbursement to MSME units in the most populous Indian state of Uttar Pradesh has surged 2.5 times within the past four years..
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Pak’s new SME Policy to be unveiled on Nov 15 may have big incentives
By Invoice Bazaar | November 14, 2021
Pakistan government will announce its Small and Medium Enterprises Policy 2021-25 on November 15. It is likely to have proposals..
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Demand of SMEs for finance surging across Australia, says study
By Invoice Bazaar | November 13, 2021
A study conducted by leading fintech lender Prospa has confirmed that demand of SMEs for commercial financing is rising across..