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Americas

GMAC CF provides US$10m credit facility to Interbath

The asset based lending division of GMAC Commercial Finance (GMAC CF) announced the funding of a US$10 million senior secured credit facility (more…)

#commercial finance#funding#working capital

Telco announces factoring contract with Pan Atlantik

INNOTELCO has announced that the Letter of Intent (LOI) signed with Pan Atlantik S.A. for factoring finance over a two-year…

#factoring contract#Two


IIC approves US$40m loan for SME operations

The Inter-American Investment Corporation (IIC) has announced that it has approved a loan to Peru's Banco Continental (more…)


BNF launches new credit line to boost medium-sized enterprises

Ecuadorian development bank BNF launched a new credit line approved by the government to boost (more…)

#bank#Boost


Illinois Global Partnership becomes Ex-Im Bank City-State Partner

Illinois small businesses will have an edge in selling their products and services in global markets due to a new…

#bank#guarantees#international


Cal Oaks adds factoring and SBA lending to portfolio

California Oaks State Bank has added Small Business Administration (SBA) lending and accounts receivable financing as two additional features (more…)


CEF to expand into export financing in H2

Brazil's federal savings bank Caixa Economica Federal (CEF) will start offering loans and other financial services to local exporters by…


IIC lends US$3m to local factoring company

The Inter-American Investment Corporation (IIC) has approved a loan of up to US$3m to the seventh largest factoring company in…


ISM: US manufacturing sector slows in May

Economic activity in the manufacturing sector grew in May for the 36th consecutive month, while the overall economy (more…)

#economy#management#WHO


S&P upgrades Afirme Grupo Financiero outlook

Standard and Poor's has revised the outlook on Mexican financial group Afirme to (more…)

#bank#insurance#investment


Banco Patagonia joins IFC global trade finance programme

Argentine bank Banco Patagonia has joined the global trade finance programme of the International Finance Corporation (IFC) as an issuing…

#bank#emerging markets#exports


New Ex-Im Bank online service

US companies competing in the global marketplace now have a new way to obtain multi-buyer export credit insurance from the…

#bank#export credit insurance#exporters

Fleet One Factoring names president

Fleet One LLC has hired a new president of Fleet One Factoring, a provider of custom accounts receivable financing programmes.…

#banks#SunTrust#Vice president

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