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Chilean state-run bank BancoEstado plans to open a unit specialising in factoring during the second half this year, local press quoted executive general manager Jose Manuel Mena. BancoEstado's factoring business will focus on small- and medium-sized enterprises (SMEs) and while...
Accord announces record fourth quarter and annual earnings. Accord Financial Corp., a leading North American provider of asset-based financial services…
Bibby Financial Services expanded to St. Louis, setting up its fourth US office. The company, a subsidiary of England's Bibby…
An accomplished group of trucking industry veterans announced the formation of Advance Business Capital, the first and only freight bill…
#Bill#financial services#innovation
De Lage Landen Financial Services, a leading international provider of high quality asset-based finance products to manufacturers and distributors of…
Brazilian micro credit bank Banco Popular do Brasil (BPB) has reached 1.2 million clients after one year of operation, parent…
#bank#WHO
US Bank has introduced a new "fees paid" SBA loan for small business customers utilizing the flagship 7(a) guaranteed loan…
#bank#financial services#small business
A North Little Rock based factoring company filed a civil suit in US District Court for the Eastern District of…
GE Commercial Finance Corporate Lending announced that it has named Paul W. Patrick as senior vice president of origination for…
#bank#commercial finance#international
GE Commercial Finance Corporate Lending announced it has provided a US$30m senior secured credit facility to western wear manufacturer and…
GE Commercial Finance Corporate Lending announced that it has established a Pittsburgh office to be led by Peter K. Lee,…
Marquette Business Credit has acquired US$87.5m in revolving credit and term loan facilities from Capital Factors. The sale by Capital…
#asset-based lender#bank#commercial finance
The Chilean factoring industry moved US$5.5bn in 2004, a 20% increase compared to the previous year. Growth of similar rates…
#factoring industry#international#international factoring