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Americas

Finacity facilitates Ђ500m trade receivables securitisation deal

The New York-based Finacity Corporation has facilitated the successful funding of a global trade receivables securitisation programme for global styrenics supplier Styrolution Group GmbH. (more…)

#bank#receivables#receivables securitisation

Ex-Im Bank supports Citibank’s supply chain finance

The board of directors of the Export-Import Bank of the United States (Ex-Im Bank) has approved US$666.4 million of working…

#bank#exports#guarantees


First Capital agrees $16m factoring deal with MM&R

Florida-based commercial finance specialists, First Capital, have provided a US$16 million working line of credit to M.M. R., a New…

#account receivables#bank#commercial finance


FOGAPE supplies SMEs with guarantees until end of 2011

The Guarantee Fund for Small Business (FOGAPE) has awarded a total of CLF 7,772,000 (US$334 million) to encourage the financing…


Factorline increases capital by $17.5 billion

Chilean-based Factorline has announced that the SVS paid capital of the company rose 47 per cent to US$55.15 billion. (more…)


Crestmark expands finance division and partners with Comdata

Crestmark Transportation Services, a division of Crestmark Bank, has announced the execution of strategic arrangements with Comdata including the transfer…

#acquisition#bank#financial services


Citibank’s new platform set to aid Latin America’s supply...

Citibank has launched a new web-based supply chain platform for 14 countries in Latin America. (more…)

#liquidity#payables#receivables


BCP secures trade finance partnership with BPA

Portugal s Banco Comercial Portugu s (BCP) has signed a partnership agreement with Banco Privado Atl ntico (BPA) to open…

#bank#corporate finance#trade


Paragon names Longo as SVP

Florida-based Paragon Financial Group, Inc. has promoted Thomas Longo to Senior Vice President. (more…)

#Paragon#purchase order#receivables


Coral Capital enters factoring agreement with Alpine

Coral Capital Solutions, a commercial finance company specialising in receivable-based funding, has entered into a USD $9 million factoring transaction…

#commercial finance#funding#management


Wells Fargo amends TriMas' accounts receivable facility

The Michigan-based TriMas Corporation, a diversified manufacturer of engineered and applied products, has entered into an amendment of its accounts…

#bank#funding#LIBOR


The Nicaraguan Factoring Industry

Christopher Oviedo Araya, Credit Marketing Manager at CrediFactor, S.A., provides an overview of the factoring market in Switzerland, covering industry…

VRL: Banks Failing To Meet SME Needs

Greater potential for factoring as banks worldwide fail to meet government commitments to support SMEs, a new report by VRL…

#alternative funding#bank#emerging markets

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