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BNDES boosts loans to SMEs by 49%

Brazil's national development bank BNDES generated reais9.10bn (US$4.69bn) in indirect loans to microenterprises and SMEs. (more…)


New Managing Director for Atlantic Risk Management Services

Jo Bennett-Coles has been appointed Managing Director of Atlantic RMS, the Work out and Audit specialist. Jo has been with…


Coface Collections North America integrates operations

Coface Collections North America, Inc., the US leader in international accounts receivable management and commercial debt collection, announced the integration…


Diamond Bank, Shell, GroFin float US$31m fund for SMEs

Diamond Bank Plc, Shell Petroleum Development Company and GroFin of South Africa, have concluded plans to float a US$31m [N4bn]…


Banco de Finanzas seeks IFC funds

Nicaragua's Banco de Finanzas (BDF) asked the World Bank's International Finance Corporation (IFC) to consider providing two loans worth a…


IGF – Norman Taylor new sales director for Midlands region

IGF, a UK independent commercial finance company, today announces that Norman Taylor has been appointed as new Regional Sales Director,…


Suppliers asked by trade customers to share financial pain

57% of companies surveyed told credit reference agency Graydon they had experienced trade customers unilaterally changing credit or payment terms…


Venture Structured Finance funds MBO of the Nield Group

Venture Structured Finance today announces it has funded a MBO of the Nield Group with an asset-based finance package worth around 10 million.…


Experian introduces New Small Business Intelliscore

Experian today announced that it has redesigned its Small Business Intelliscore SM and Business Owner Profile reports to provide more…


Tim Lodge, Credit-IQ – how Osmo helps streamline audits and…

This is the second part of a two-part interview with Tim Lodge, sales and marketing director of Credit-IQ about OSMO,…


New funds secure Youngsters future

Youngsters' future looks more positive after the group secured a new financing arrangement with its bank, Barclays. The funding package…


Invoice finance industry – strong growth in Q1 2007

Over 13bn has been advanced to UK companies by the invoice finance and asset - based lending (ABL) industry in…


IFC helps Kyrgyz microfinance institution transform into commercial bank

IFC has signed an agreement to provide advisory services to Micro Credit Agency Bai-Tushum Financial Foundation. This support will help…


Capital Bank joins IFC trade finance program

Haiti's Capital Bank has joined IFC's global trade finance program as an issuing company, IFC announced. (more…)


Spanish official credit institute opens Ђ30m credit line for SMEs

The Spanish official credit institute with a credit line of 30m and the government of the Balearics are developing a…


Bancolombia factoring unit lines up US$10m bond issue

The factoring unit of Bancolombia has lined up a peso20bn (US$10.4m) five-year bond issue. (more…)


Tim Lodge on how Credit-IQ's OSMO is helping to revolutionise…

Tim Lodge, sales and marketing director of Credit-IQ, talks to Factorscan about OSMO, Credit-IQ's new product brand. OSMO enables borrowers…


DBS Bank China all set to commence business

DBS Bank Ltd's (DBS) local subsidiary in China, DBS Bank (China) Limited has been incorporated with registered capital of RMB4 bn (USD523m). It…


Experian – new risk report for commercial credit granting

Experian, the global information solutions company, has unveiled The Risk Report a new online commercial risk report which sets new standards…


Unicredit and Valdify to finance SMEs

UniCredit Banca, the retail unit of Italian banking group UniCredit, and the credit guarantee consortium Valfidi signed an agreement for €7.0m…


KBC buys out stake in International Factors

KBC Group SA announced it has bought the 50 % stake, that ING Belgium which is part of the ING…


SME funding in Barents region

Experiences in cross-border co-financing and the needs SMEs were the main topics of the 6th Barents Industrial Partnership meeting. (more…)


Factoring promoted at the forum in Beijing

Experts are gathering at a forum in Beijing this week to promote factoring businesses in China. (more…)


Royal Crown Derby appoints asset-based lender

The Royal Crown Derby Porcelain Company Ltd, announced it is maximising the benefits of contemporary finance by appointing asset-based lender…


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