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Americas

Corfo tenders US$28m for SME loans

Chile's economic development agency Corfo has launched a tender for local banks to bid for pesos 15bn (more…)

Bancoldex bond issue raises US$42m

Colombia's state-owned export development bank Bancoldex has raised pesos 100bn through a bond issue (more…)

#bank#bonds#interest


GMAC Commercial Finance commits to $10m facility for Next...

Next Inc., an emerging leader in the licensed sportswear and promotional products industry, has announced it has received a commitment…

#bank#commercial finance#management


Feller Rate hikes rating on Mapfre, Coface

Chilean ratings agency Feller Rate has upgraded its ratings on local credit insurers (more…)


CU to provide Small Business Administration guaranteed loans for...

CU, one of the nation's largest credit unions, announced it will offer Small Business Administration (SBA) guaranteed loans to its…

#Mastercard#small business#Vice president


BNDES opens US$470m credit line for medium-sized companies

Brazil's national development bank BNDES has set aside reais 1bn (US$468m) to form a line of credit for medium-sized companies…

#bank


Bank of America introduces new small business credit product

Bank of America has launched a product that allows small business owners access to an unsecured line of credit of…


Factoring in the USA – strongest for five years

The US factoring industry achieved its strongest year-to-year growth since 2000, based on factored volume of its providers, according to…


Four bank officers convicted in US$70 million bank fraud...

After a six-month trial, a Miami jury has found defendants guilty of conspiring to carry out a US$170 million factoring…


Working capital, supply finance optimised via software deal

National City Bank (NCB) says it is better placed to meet client demand for supply chain and working capital solutions…

#bank#management#supply chain finance


Asset-based finance veteran joins Greystone Business Credit

Greystone Business Credit has announced the appointment of Executive Vice President and Senior Member of the Greystone Business Credit Committee…

#bank#banks#investment


Demica appoints Senior Vice President, Sales to head up...

Demica has consolidated its position in the United States market with the opening of an office in (more…)

#bank#invoice#management

GMAC finalises US$10 billion facility with Citigroup

GMAC announced the signing of a three-year, US$10 billion funding facility with a subsidiary of Citigroup. This US$10 billion funding…

#bank#financial services#management

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