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BIF in first stage of trade finance solution

Peruvian bank Banco Interamericano de Finanzas (BIF) has completed the first stage of implementing Surecomp's trade finance solution (more…)

#bank#banks#trade

Past due receivables- a growing headache for firms

Even in instances where companies do not take the extraordinary step of booking charges, they are still troubled by what…


Fed continues tightening campaign

As widely expected, the Federal Reserve raised a key interest rate for the 17th consecutive time, hiking its target for…

#economy#inflation#interest rate


Bibby drives forward transport factoring plans

Bibby is in the advanced stages of developing a service tailored to transport factoring (more…)

#commercial finance#purchase order#purchase order finance


Merrill Lynch provides movie studio with US$80m asset-based facility

The asset-based facility relies on the studio's accounts receivable, library of film titles and future ultimates of the company's upcoming…


Arizona small business international sales get competitive edge with...

Arizona Instrument LLC, a manufacturer of precision moisture analyzers and toxic gas detectors (more…)

#bank#exporters#international


Defendants ordered to pay US$70m for role in factoring...

A US District Court in California has issued a final judgment against a group of con men charged with running…


GMAC Commercial Finance adds industry veterans to commercial services...

GMAC Commercial Finance (GMAC CF) announced that lending industry veterans (more…)


Credit insurance market growing 8-10% through 2009

The Chilean credit insurance market will likely grow 8-10% annually over the next three years due to rising demand from…


IFC adds BMC to global trade finance programme

The International Finance Corporation (IFC), the private sector arm of the World Bank, has added Brazilian bank Banco BMC to…


Bridge Finance Group appoints director, opens Atlanta office

Bridge Finance Group announced the appointment of its director of the company's Atlanta office (more…)


Banco de Guayaquil joins IDB trade finance programme

The Inter-American Development Bank (IDB) has announced the inclusion of Ecuador's Banco de Guayaquil as an issuing bank under its…

#bank#guarantees#international

Principal Resources adds business credit unit, changes name

Entering its tenth year of providing solutions to businesses with working capital needs, Principal Resources, LLC is expanding its offerings and…

#funding#management#trade

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