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IFC: Latin America is biggest GTFP participant

Latin America has the highest regional participation in IFC's Global Trade Finance Programme (GTFP) worldwide in terms of the number of banks, countries and trade volume, according to IFC head of short term finance in Latin America and the Caribbean...

Cruzeiro do Sul’s asset-backed funds to be managed by...

Brazil's Banco Cruzeiro do Sul SA, which specialises in payroll-deductible loans, is transferring the management of half its asset-backed receivables…

#management#receivables#trade


CFA names industry veteran director of membership

The Commercial Finance Association (CFA) has announced that industry veteran Charles Johnson will join the organisation as Director of Membership,…

#commercial finance#financial services#i


USA: Supply chain finance overview

Faizal Jiwa, Managing Director of Citibank, and Dave Skirzenski, North American Supplier Finance Head of Citibank, provide an overview of…


PrimeRevenue appoints Eugene Buckley as VP

PrimeRevenue, Inc., a SaaS platform for global supply chain finance (SCF), has appointed Eugene Buckley as vice president and general…


Brasil Factors officially opens for business

Officials from IFC - a member of the World Bank Group - FIMBank plc - the Malta-based trade finance bank…


First Capital agrees $6.5m factoring deal with Euro Style...

Florida-based commercial finance specialists, First Capital, has provided a US$6.5 million asset-based credit facility to Euro Style International, Inc., a…

#commercial finance#i#international


Ally Commercial Finance closes facility with BarrierSafe Solutions

Ally Commercial Finance, as Documentation Agent, has closed on a US$27 million commitment in a US$175 million senior secured credit…

#acquisition#bank#commercial finance


Asset-based lenders see increased credit line usage by US...

The Commercial Finance Association (CFA) has released its Quarterly Asset-Based Lending Index for the third quarter of 2011. (more…)


IFC expands access to trade finance to SMEs in...

The International Finance Corporation (IFC), a member of the World Bank Group, has announced that Mexican bank, BanBajío, has joined…

#bank#emerging markets#guarantees


Finance provider CIT records 3Q 2011 loss

CIT Group Inc., an American-based provider of financing to SMEs, has reported a third quarter loss of US$16.3 million, reflecting…


Naciуn Factoring celebrate milestone with record portfolio levels

The Banco de la Nacion Argentina (BNA) has reported that their Nación Factoring company has reached its tenth anniversary with…

Annual progress of Accord pleases chairman Ken Hitzig

Accord Financial Corp., a Canadian-based provider of factoring and other asset-based financial services to businesses, recently released its interim un-audited…

#Accord Financial Corp#bank#factoring results

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