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Compound Profit launched to provide SME cash flow finance

Compound Profit, a McKinney, TX-based international business funding and advisory corporation, has opened its doors to SME owners looking for alternative financing options and ways to improve their cash flow and reduce operating expenses. (more…)

#alternative financing#financial services#international

Coface unit to launch factoring operation in Argentina in...

Coface unit to launch a factoring operation in Argentina in early 2008 The Argentine unit of French insurer Coface is…

#export credit insurance#insurance#international


Textron Financial announces ABL division name change

Textron Financial Corporation, a subsidiary of Textron Inc. announces the renaming of Systran Financial Services as the Commercial Finance Division. (more…)


Winning Colours qualifies for accounts receivable financing

Winning Brands Corporation announces that BCG Business Capital Group has approved Winning Colours Multi-Cleaner for accounts receivable financing with qualified…


Spectrum slices and dices

Spectrum has changed its $1.5bn line of credit into an asset-based credit line, with inventory and receivables in the U.S.-based…

#bank#interest rates#management


New York firm to buy Regions' Capital Factors

Capital Factors has found a buyer, following two years that included a lawsuit against a customer and a sale of…

#factoring industry#i#investment


Coface aims to increase domestic business to 50% of...

Argentina's largest credit insurer Coface expects to increase its domestic credit insurance segment from today's 20% to account for 50% of…

#Allianz#CESCE#export credit insurance


nTelagent poised for rapid growth

nTelagent, Inc. announced today that it is positioned for rapid growth with a seasoned management team and investor group, expanded…


BBVA shooting for top 4 in factoring business

The Chilean unit of Spain's BBVA plans to become one of the financial system's top four players in the factoring…

#bank#BBVA#investment


First Community Bancorp announces acquisition of Business Finance Capital...

First Community Bancorp has acquired Business Finance Capital Corporation (BFCC), a commercial finance company, for US$35m. (more…)

#bank#business finance#commercial finance


Bancoldex ups Jan-May loans by 11%

Colombia's state-owned export development bank Bancoldex said new loans increased 11.4% from January-May compared to the same period last year. (more…)


Past-due loan ratio not seen surpassing 1% this year

Chile's banks are likely to see default rates continue edging up in the second half this year but they are…

UC Factors to offer local banks affiliate and partnership...

UC Factors is currently establishing affiliate partnerships and referral programs with local banks to help meet the funding needs of…

#bank#cash-flow#funding

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