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Northern California bank receives Preferred Lender Status with SBA

FNB Bancorp, the holding company for First National Bank of Northern California, announced that the Small Business Administration (SBA) has (more…)

EquiFin discontinues asset-based lending activities

EquiFin, Inc. has updated its stockholders and investing public on material developments of the past 7 months (more…)


GMAC Commercial Services opens offices in Greenboro NC, as...

GMAC Commercial Finance (GMAC CF) has announced the opening of its new Commercial Services Division office in Greensboro, NC. Opening…

#commercial finance#management#Vice president


Bridge Bank provides US$6 million accounts receivable credit to...

Tripath Technology has secured an asset-based credit facility for US$6 million with Bridge Bank. The revolving credit facility has... (more…)

#bank#Bridge Bank#liquidity


Small manufacturing business receives Ex-im Bank finance support to...

Warren Baerg Manufacturing Inc. (WBM), a small family-owned business in Dinuba, Calif., is increasing its workforce.... (more…)


Grupo Security's factoring profits up 53 per cent in...

Chilean financial services group Grupo Security boosted profits...... (more…)

#bank#financial services#insurance


Factoring operations expand by 117% year-on-year

As of 30 June 2005, total loans, net of interbank loans, for the Chilean banking sector grew by (more…)

#leasing#risk#trade


Accord announces Normal Course Issuer Bid

Accord Financial Corp., has announced that the Toronto Stock Exchange (TSX) has accepted for filing a Notice of (more…)

#Accord Financial#Accord Financial Corp#financial services


GMAC builds its Commercial Services division

GMAC Commercial Finance announced the addition of three new executives to its Greensboro, N.C.-based Commercial Services Division (more…)


IDB fund approves US$5m financing to promote factoring

The Inter-American Development Bank s (IDB s) Multilateral Investment Fund (MIF) is to provide lines of credit  to support a…

#bank#liquidity#risk


Restructuring professionals give thumbs down to Bankruptcy Code revisions

Just three months before enactment of the revised Bankruptcy Code, many corporate renewal professionals are still (more…)

#bank#Bank of America#liquidity


Bank of America to merge commercial and investment divisions

Bank of America (BoA) says it will combine its commercial and investment banking divisions in an effort to sell more…

#bank#Bank of America#cash management

HSBC and ministry sign US$92m small business financing agreement

Mexico's fourth-largest banking group HSBC Mexico has signed an agreement with the economy ministry to provide 987m pesos (US$92.3m) in…

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