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Americas

IIC lends US$10mn to finance SMEs

Inter-American Investment Corporation has signed a pesos30m program to finance SMEs in Argentina. (more…)

#bank#financial institution#interest rates

Sofoles H1 profits rise 2.7 %

Sofoles posted first half net profits of pesos2.99bn (US$277m), a 2.77% rise over 1H06. (more…)

#bank#commercial lending#financial services


Ex-Im Bank reduces exposure for buyers implementing the Cape...

Ex-Im Bank extends its offer to reduce its exposure fee on asset-backed financings. (more…)


BB&T provides USD15m ABL facility to sprinkler manufacturer

BB&T Commercial Finance provided US$15m via an ABL facility, for a manufacturer of industrial and commercial sprinklers. (more…)

#BB&T#commercial finance#management


Government to tender US$1bn funding for SME loans

Corfo is looking to award around US$1bn in funding for SME loans this year and in 2008. (more…)

#BBVA#guarantee#IMF


Banks to bid for US$268m small biz loan guarantees

Fogape was due to be auctioned on 25 September for pesos 138bn in small business loan guarantees. (more…)

#bank#guarantee#guarantees


Small businesses remain optimistic in tough times – survey

According to the Discover Small Business Watch, confidence among small business owners fell to its lowest point in a year in…


Coface begins factoring operations in Canada

Coface has begun trade receivables factoring in Canada through Coface Credit Management Canada Company. (more…)

#bank#invoice#management


Coface nears control on SBCE

Coface is near to signing a deal to become the largest shareholder in SBCE.  (more…)


Cash flow and profit analysis have very different uses

Factoring companies want to know that their clients are in sound financial health. Vern Krishna looks at how the link between…


Canadian businesses cash in on accounts receivable

The idea of selling receivables may once have been looked on askance by Canadian businesses. (more…)


Cleveland businessman pleads guilty to factoring fraud

Ned Davis Maraman, owner of Daman Tools in Cleveland has been indicted for wire fraud and money laundering.  (more…)

#bank#factoring fraud#invoice

Factorline expects 18% loan growth this year

Factorline expects to grow loans 18% in 2007 and expand the scope of services lent due to a recent agreement inked with…

#bank#Boost

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