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Americas

Alabama Gas automates procurement with Open Text's Livelink ECM

Open Text Corporation announce that Alabama Gas has automated its Procure-to-Pay process using Open Text's Livelink ECM(TM) software for use with SAP(R) solutions. (more…)

UC Factors expands to Texas

UC Factors opened its Huston office to provide factoring to cater to the funding needs of small and growing businesses…

#cash-flow#funding#small businesses


Wells Fargo Century names Brister president and CEO

Wells Fargo Century, a subsidiary of Wells Fargo Foothill and part of Wells Fargo Company names Stuart Brister president and…


Trade credit insurer Euler Hermes launches Argentina unit

Trade credit insurer Euler Hermes S.A. launched a new Latin American subsidiary in Argentina, its third in a region the…

#Allianz#exporters#international


Factoring companies earnings up 5pc

Mexico's factoring companies recorded earnings of pesos 268m last year, up 5% on 2005. Factoring companies saw their loan portfolios…


Mapfre credit insurer shoots for 20pc premium growth in...

The Chilean credit insurance unit of Spain's Mapfre is looking to grow premiums 20% this year to some pesos 6.44bn…


Hennessey Capital provides USD1.15m in three transactions

Hennessey Capital announced the completion of the following financing agreements... (more…)

#bank#letter of Credit#working capital


Blended service of factoring and marketing offered to staffing...

Dillinger Kovach, ad and marketing agency, has partnered with The Hamilton Group, to bring a blended service of factoring and marketing to…

#cash-flow#receivables


Continental business credit provides USD3m to Checkmate Cash Advance

Continental Business Credit, Inc., a factoring and asset-based lender, announced it has provided a USD3m revolving credit facility with a…

#asset-based lender#funding


GE Commercial Finance sells its Chilean assets

Rabobank will buy 100% of HNS' shares from its owners, General Electric's GE Commercial Finance and the local Ergas family, the…


BB aligns with export credit insurer

Brazilian exporters can use export credit policies from local export credit insurer Secreb as guarantees for post-embarkation export financing from…

#bank#exporters#guarantees


Chemical Financial Corp new receivables product finds niche

Midland-based Chemical Financial Corp. banks are aiming at commercial accounts with a geographically-exclusive receivables programme (more…)

GE Commercial Finance – Corporate Lending provides US$75m credit...

GE Commercial Finance - Corporate Lending announced it has provided a US$75m asset-based credit facility to a national specialty consumer…

#bank#commercial finance#liquidity

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