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Americas

Foromic closes with call to develop innovative and flexible...

Latin America and the Caribbean need to develop increasingly flexible and innovative financial products and services for the region s burgeoning small and medium enterprise sector, according to discussions held during the 15th Inter-American Forum on Microenterprise. (more…)

#bank#conference#forum

BofA Merrill Lynch, others arrange USD600m facility to PRA

Virginia-based Portfolio Recovery Associates (PRA) has announced the close of a US$600 million credit facility to fund business operations and…

#bank#Bank of America#LIBOR


CFA to certify ABL and factoring practitioners

Commercial finance association announces certification program for asset-based lending and factoring professionals. (more…)

#asset-based lender#commercial finance#training


TopLiner by Coface to encourage proactive approach to risk...

Coface has introduced a new supplemental cover for existing customers. (more…)


Ex-Im Bank approve SCF transaction to support U.S. suppliers

Ex-Im Bank says it will guarantee up over USD400 million to be paid out to Caterpillar suppliers. (more…)


TCI Business Capital introduces new factoring service

TCI Business Capital, a provider of oilfield factoring services, has released a new series of factoring service lines specifically designed for…


The Commercial Finance Association USA reiterates their focus on...

  The Commercial Finance Association USA reiterates their focus on education for the new generation of factoring specialists at their 68…

#commercial finance#Mark Mandula#PO


Owner of factoring company to buy football club

An owner of Factorone SA has become a highest bidder of the purchase of Chilean first division football club. (more…)

#management


IDB President announces measures to support MEs in Latin...

The President of the Inter-American Development Bank (IDB), Luis Alberto Moreno, has announced that the Bank will provide financing and…


First Business launches factoring service

First Business Financial Services, Inc., has announced that, through its asset based lending company, First Business Capital Corp., it has…

#bank#financial services#management


ANFAC: 30 years of waiting almost over

The Brazilian Factoring Association (ANFAC) plans to hold juridical consultations on the draft of the new Factoring Bill. (more…)

Orbite Technologies secures CAD22m debt financing deal

Orbite Technologies has announced that it has completed a secured debt financing (the Facility) totalling up to CAD22m (or USD16.95m)…

#capital requirements#debt financing#LIBOR

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