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Americas

GE financial recives $9.5 billion shot in the arm

GE pumped $9.5 billion of capital into its financial arm in an effort to improve ratings and restore confidence in the battered division. (more…)

#bankruptcy#financial services#leasing

Capital Business Credit to focus on factoring

The sale of Capital TempFunds positions Capital Business Credit to concentrate on significant market opportunities in its core factoring business…

#commercial finance#credit protection#funding


First Capital provide $10 million credit facility

First Capital LLC have entered into an agreement to provide a three-year, $10 million credit facility (more…)


United Capital Funding announce record number of new funding...

United Capital Funding Corp. announced today that they originated a record number of new client funding relationships for the year…


USAID gives helping hand to SMEs

The Agora Partnerships program and the US Agency For International Development have met with representatives of Nicaragua's MSMEs to discuss options for tackling…


SME sector to be prioritised in financial investments

The President of the Association of Mexican Financial Entities has announced that a new funding program is being created to…

#bank#crisis#funding


ARFactor to represent Coface in Mid-Atlantic region

Coface Credit Management North America, Inc. has named ARFactor, LLC as its sales agency for trade receivables financing in its…

#awards#management#receivables financing


EA Hunter launch factoring services

EA Hunter Transportation, LLC., which was recently ranked the number one fastest growing company in Cincinnati, announced this week that…

#business finance#cash-flow#financial services


Budget offers a $70bn credit kickstart

The federal government is extending its reach into Canada's financial system in a bid to support banks and borrowers, making…

#bank#exporters#financial institution


Bibby Financial Services funds $35m in new facilities for...

Bibby Financial Services said today that during the fourth quarter, its North American division provided more than US$35 million in…

#financial services#funding#receivables


Late payments increase as credit insurance evaporates

As the credit crisis worsens, the disappearance of credit insurance has sent vendors scurrying through a mousetrap full of retail…


IFG sees boost in factoring amid tightening credit markets

The Interface Financial Group has announced that its factoring business in the construction sector was up by 40 percent in the…

Govt fund to support SMEs

The Foreign Commerce Secretary of Peru has announced that the Peruvian Government will increase the amount of credits guaranteed to…

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