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Tideline Capital, a company that provides outsourced vendor financing services for the software industry has secured US$105m and closed the first ever software receivables securitisation facility. The company will use the funds to underwrite instalment payment agreements for the software...
#bank#capital requirements#receivables
Perry Capital LLC, an investment management firm with approximately US$11bn under management has reached agreement to acquire the business and…
#bank#commercial finance#international
R.G. Barry Corporation has entered into a new US$35m committed asset-based lending agreement (ABL facility) with CIT Commercial Services, a…
Tembec Industries Inc. announced that it has put in place a new working capital loan facility with CIT Business Credit…
#CIBC#CIT#liquidity
The Board of Directors of GE has approved the appointment of Tom M. Quindlen, as vice president and chief marketing…
#commercial finance#leasing#Vice president
The Chilean subsidiary of French credit insurer Coface is aiming to grow premiums by 20% this year on the back…
#3M#debt collection#export credit insurance
One of the country’s largest financial service providers, Cleveland-based National City Corp., is opening its first corporate banking office in…
#commercial lending#international#leasing
Colombia's largest bank Bancolombia will continue with its strategy of product segmentation and increased small- and medium-sized enterprise (SME) lending…
#bank#financial institutions#investment
Venezuela's financial system reported bolнvares 799bn (US$372m) in micro lending at the end of February this year, a 194% jump…
Brazilian bank Banco Indusval Multistock (BIM) aims to boost lending to medium-sized enterprises by 40% this year to reais 350m…
Marquette Financial Cos. announced that it has partnered with three Chicago lenders to form a leveraged lending firm that will…
Colombian credit insurer Segurexpo is planning an aggressive move into the domestic market, local paper La Repъblica reported. “The goal…
#insurance#payment terms
GE Capital, a unit of General Electric Co., has withdrawn a US$2bn loan facility for General Motors Corp. and its…