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Canadian business insolvencies down 22%

In 2010 Canadian business insolvencies fell by 22 per cent compared to 2009 (more…)

#bankruptcy#insolvencies#recession

Finally factoring becomes official in Peru

President Alan Garcia signed the new law on receivables financing (more…)


Fitch reports on risks of factoring receivables securitisation

Fitch publishes report on risks in Brazilian factoring-sponsored trade receivables securitisations (more…)


Wells Fargo partners with New Orleans factor

Republic Business Credit LLC closes $30 million senior secured financing with Wells Fargo (more…)

#commercial finance#management#purchase order


Sterling Bancorp shares downgraded

Equities research analysts at Keefe, Bruyette Woods, Inc boosted their price target on shares of Sterling Bancorp to $10.50 in…

#bank#financial services#international


Banco Internacional establishes web-based corporate access point

Banco Internacional Guatemala implements Surecomp s allNETT trade finance solution (more…)

#bank#financial institutions#global trade


BAC-Credomatic completes merger with Grupo Aval

BAC-Credomatic completes merger with Grupo Aval BAC-Credomatic confirms the completion of the take over of Grupo Aval. (more…)

#WHO


Amerika Financiera SA to merge with its factoring subsidiary

Amerika Financiera SA merges with America Factoring Finance SA (more…)

#insurance


Coca-Cola Bottling to contract Taulia Inc’s Invoicement to enhance...

Coca-Cola Bottling Co. Consolidated expects significant savings expected from combination of accounts payable (A/P) automation and dynamic discounting. (more…)

#accounts payable#invoice#management


Former Citi executive joins Freight Capital

Freight Capital appoints Juan G. Estrada a new Vice President of Operations. (more…)


Truckling brokers use factoring to roll ahead

Truckling brokers to discover factoring the financing program form AEGIS Financial Solutions. (more…)

#cash-flow#Paid#transportation factoring


Medical “head hunter” faces twenty years in jail for...

A Jacksonville medical head hunter was indicted Wednesday by a grand jury on 17 counts of wire fraud. (more…)

Capital Business Credit hires former CIT boss

Capital Business Credit LLC appoints new president to create new finance offering for the middle market businesses. (more…)

#banks#CIT#commercial finance

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