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..
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..
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..
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..
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..
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..
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..
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..
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..
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..
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..
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..