has assured members of the country’s largest business... The government also improved access to finance for Filipino micro, small, and medium enterprises (MSMEs) through the Rise-up...
The Bangko Sentral ng Pilipinas (BSP) wants small cooperatives and small businesses to have better access to loans that...
Prime Minister Justin Trudeau says the government is extending the repayment deadline for its small business pandemic loan program by one year, but business will still lose the forgiveable portion...
BERLIN -About one in four German companies currently seeking new loans are reporting restraint from lenders as high inflation and concerns over energy supply rattle Europe’s largest economy, according to a survey published on Monday. The figure – 24.3 percent – is the highest seen since 2017, said the Ifo institute, which conducted the survey. “The difficult economic climate is currently making banks more cautious,” said Klaus Wohlrabe, Ifo’s head of surveys. “Without new loans, some companies might struggle for economic survival, ...
The update comes after a public furor that large companies tapped the facility for hundreds of millions of dollars while thousands of small businesses have yet to receive funding.
MANILA -The government is being urged to regulate the container deposit system of international shipping lines, with stakeholders noting these private companies take time to return the collected fees. ; Danny Sta. Maria, an independent customs broker and an industry veteran of 50 years, urged lawmakers to craft laws regulating the practice and compel these companies to speed up the refund process. ; International shipping lines collect these as insurance for lost or damaged containers. Deposits range from P15,000 to P20,000 per unit, depending on the size. ; “In my case, my deposits have been stagnant on their hands for four staggering months,” Sta. Maria said, noting this messes up their cash flows.
Only 13% of small businesses that applied for relief through the Paycheck Protection Program have received funding, according to the CNBC/SurveyMonkey Small Business Survey released Monday.
NEW YORK (AP) — The flow of money to small businesses under the government's $349 billion coronavirus relief plan is picking up momentum although many company owners are still waiting and wondering.
Banks handling the federal government's loan program for small businesses made more than $10 billion in fees, while thousands of small businesses were shut out of the program.
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