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Americas

Grupo Bancolombia starts operations in Panama

Banistmo, a new bank which is part of Grupo Bancolombia, will offer factoring among other services. (more…)

#acquisition#bank#banking services

On impact of new Electronic Bill on factoring industry...

As you can see from the title, the E-bill would regulate the electronic payments; however, at the moment most of…

#e-invoices#electronic invoice#factoring industry


Commonwealth of the Bahamas

The Government has been urged rethink plans to make Value-Added Tax (VAT) registrants liable to pay the tax once a…


Citi to provide assed-based finance to mid-sized business

Citi Commercial Bank expands asset-based lending for mid-sized companies. (more…)

#bank#Gordon Brothers#international


Leading jeans manufacturer switches from self funding to factoring

Capital Business Credit Provides USD15 million revolving factoring facility to Mexican jeans manufacturer. (more…)


First Capital provides USD10m accounts receivable facility to chemical...

First Capital, a New York-based commercial finance company, has provided a US$10million accounts receivable purchase facility to the US subsidiary…


Accord Financial reveals Q3 2013 results

Accord Financial reveals Q3 2013 results Accord Financial Corp. has released its interim unaudited consolidated financial results for the three…


GE Capital agrees financing deal with RadioShack

Texas-based RadioShack Corp has secured a fresh round of financing from GE Capital, according to sources familiar with the matter.…

#bank#Bank of America


First Niagara prepares for ABL business expansion with new...

The asset-based lending unit of First Niagara Financial Group Inc. has hired an experienced banker to drum up new business…

#bank#commercial finance#financial institution


Seabury Group acquires supply chain finance provider

1 East West Limited, a provider of supply chain finance solutions with a focus in Asia and operator of SCFExchange.com,…

#alternative financing#bank#invoice


Accord Financial acquires factoring and ABL portfolio from Brome...

Accord Financial Corp. has acquired a portfolio of factoring and asset-based loans (ABL) from Brome Capital through its subsidiary, Accord…


CIT becomes factoring provider to newly combined fashion companies

CIT serves as lead arranger for USD110 million financing for Joe's Jeans' acquisition of Hudson Clothing. (more…)

BFS sponsors L.A. Fashion Weekend

Bibby Financial Services named Official Financial Partner Sponsor of premier fashion event. (more…)

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