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President's FY 2006 budget fully funds the Export-Import Bank

President Bush's fiscal year 2006 federal budget request, which was released today, fully supports the Export- Import Bank of the United States (Ex-Im Bank). The FY 2006 request provides US$186.5m to fund the Bank's program budget and US$73.2m to fund...

SBA budget would trim funds for low-income entrepreneurs

The Bush administration's proposed budget increases funding for two popular small-business loan programmes, but it cuts money for venture capital…

#conference#guarantees#small business


Bancomext to provide US$5.8bn in financing for SMEs this...

The National Foreign Trade Bank (Bancomext) has reported that this year it will channel US$5.8 billion to finances businesses, especially…


GE Commercial Finance provides US$35m revolving credit facility to...

Responding to Harcros Chemicals' strong performance, Corporate Lending restructured the facility to provide a portion of the financing at a…


CitiCapital launches asset-based finance unit to target SMEs

CitiCapital has announced the formation of a new business group, Citi Commercial Asset Based Finance. The new unit will provide…


CIT's Preferred Lender status renewed and expanded by US...

CIT Small Business Lending Corporation, the nation's No. 1 Small Business Administration (SBA) lender for the last five years and…


Demand for key account and single buyer business credit...

Demand for key account and single buyer business credit insurance coverage is on the rise according to industry experts. This…


Texas factor signs new asset-based loan agreement for energy...

Frost Capital Group, a division of Cullen/Frost Bankers, Inc., a financial holding company headquartered in San Antonio, have set up…


First M&F Corp. reports improved earnings in 2004 despite...

First M&F Corp. reported today that net income for the quarter ended December 31, 2004 was US$2.640 million, or US$.58…


CIT Group's profit jumps on unit gains

CIT Group Inc. said yesterday that its profit jumped 31 per cent in the fourth quarter, as improvements at its…


Two banks propose entering factoring, leasing sectors

The Peruvian banking regulator SBS is currently studying requests submitted by two local financial institutions interested in the factoring and…

#banks#financial institutions#leasing


Factoring programme introduced for independent Texas banks

Texas United Bancshares, Inc. through its banking subsidiary, State Bank, has announced the formation of a participation programme to provide…

Banex to boost SME financing 30% this year

Argentine bank Banco Banex expects to boost financing to SMEs by 30% this year to around 260m pesos (US$88.m) compared…

#bank#banks#SME financing

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