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Khula Enterprise Finance and Regent Factors have launched a R100m reverse factoring product to reduce cash flow problems faced by…
Sterling National Bank has announced that Joseph Costanza has been named senior vice president of the ABL unit. (more…)
The number of corporate failures in the UK continues to decline but an increase in businesses failures in key industry…
A worldwide targeted review of financial regulations will help the markets weather the credit crunch, according to a paper published…
Khula Enterprise Finance and Regent Factors have launched a R100m reverse factoring product to help reduce SME cash flow problems. (more…)
The Small and Medium Enterprises Consortium has opened its office in Hyderabad and it already has 60 members. (more…)
Business confidence among SMEs has plummeted to a four year low, according to a new study. (more…)
Siam Commercial Bank has reorganised its risk classification system for SME clients to meet with the new Basel II regulatory…
The Central Bank has granted final approval to Opengate Microfinance Bank to start banking operations in the Federal Capital Territory. (more…)
Ian Steward - Five Arrows CF, Simon Cook - Close Invoice Finance and Paul Reeves and Andrew Poxon from DTE Leonard Curtis win…
The credit crunch has jumpstarted asset-based lending and factoring on Long Island, as banks tighten lending standards and business borrowers…
Canam Credit USA has launched a new business unit called Expo Debt Assistance Inc. (more…)
Gresham Computing has announced a deal with Credit-IQ to develop a supply chain financing solution. (more…)
Venture announces the planned retirement of Managing Director Tony Cox in H1 2008 and Peter Ewen has been appointed MD of the Group.…
The Bank of England's Monetary Policy Committee yesterday, voted to maintain the official Bank Rate paid on commercial bank reserves…
The EIB approved a €30m credit for BRD Groupe Societe Generale, with the funds intended for financing SMEs and municipalities. (more…)
Khula Enterprise Finance has boosted its asset base through a R100-million transaction with Regent Factors. (more…)
SMEs are forecast to contribute 37% to GDP in 2010 from 32% two years ago. (more…)
As the credit crunch continues to create ripples across financial markets, how can factoring take advantage of the current situation?…
The European Commission said it has cleared Fortis NV's proposed acquisition of the assets of ABN Amro Holdings NV. (more…)
YES Bank has planned an investment banking initiative exclusively for SMEs that will focus on financing. (more…)
UniCredit Factoring expects that its capital would grow over BGN 500m by the end of 2007. (more…)
Emerging markets are mostly insulated from the current flight to safety and liquidity in international markets. (more…)
Trade credit sector has seemingly weathered the credit crunch but Euler Hermes sees a more challenging business environment ahead. (more…)