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GE Commercial Finance Technology Lending names Ryan Franco as...

GE Commercial Finance Technology Lending, a unit of Global Media & Communications, announced that it has named Ryan Franco as senior vice president, origination. In this capacity, he will develop and originate transactions for companies within Technology Lending's marketplace, including...

#commercial finance#ING#management

BMO Bank of Montreal drops interest rates to prime...

Small business owners looking to finance their business opportunities can now borrow money at the prime interest rate, announced BMO…


State Financial Services Corporation announces agreement to acquire 80%...

State Financial Services Corporation, a bank holding company, announced that it has entered into an Agreement to acquire 80% of…


Banco Los Andes opens doors to micro and SMEs...

Former Bolivian mutual aid society Caja Los Andes officially began operations as a bank on 3 January, focusing its business…

#bank#financial services#small businesses


CIT to acquire Education Lending Group for US$19.05 per...

CIT Group Inc., a leading provider of commercial and consumer finance solutions, announced that it has signed a definitive agreement…

#bank#CIT#JPMorgan


Nafin, Ex-Im Bank in SME credit hook-up

Mexican development bank, Nacional Financiera (Nafin) and the American export and import bank Ex-Im Bank signed an agreement to grant…


Small Businesses to obtain larger working capital loans

US small business exporters are obtaining larger working capital loans under the new co-guarantee agreement of the Export-Import Bank of…

#bank#exporters#exports


New Ex-Im Bank/SBA guarantee agreement means larger working capital...

US small business exporters are obtaining larger working capital loans under the new co-guarantee agreement of the Export-Import Bank of…


Factoring firms profits drop 14.6% in 2004

Between January and September this year, the earnings of the 15 factoring companies in Mexico reached 137.3 million pesos (US$12.3m),…

#3M#factoring industry


Factoring Conference 2005 Vancouver – spectacular by nature

Vancouver will be the site of the 16 – 19 March 2005 Factoring Conference. For those of you that have…


New appointments at Siemens Financial Services asset-based lending unit

Siemens Financial Services announced that Jeff Appleton and Jay Beckman have joined the asset-based lending division as vice president and…

#bank#commercial finance#financial services


Central bank takes action to facilitate SME lending

Argentina's central bank has adopted a series of measures to facilitate small and- medium-sized enterprises (SMEs') access to retail bank…

#bank#corporate finance#Deloitte

US$21bn allotted for 2005 loans to small firms

Expecting another year of record lending, the US Small Business Administration was authorized to make US$21bn in loans in fiscal…

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