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Americas

Equifax announces intention to discontinue asset-based lending, factoring operations...

EquiFin reported third quarter and nine month results for the period ended 30 September, 2004. As a result of the company's 81% owned subsidiary's, Equinox Business Credit ("Equinox"), receipt of a notice of non-renewal of its operating credit facility, which...

#Equifax#management

Equipment leasing event to showcase national industry associations

Equipment leasing has grown into a global industry producing nearly US$500bn in annual financings. Capital equipment markets, including healthcare, IT,…

#financial services#forum#funding


Commerce Bank live with Surecomp’s NetIMEX

Surecomp, a leading provider of front and back office trade finance solutions is pleased to announce that NetIMEX, Surecomp’s Internet…

#bank#exporters#risk


Bancafe should not be state-run SME financier

State-run bank Bancafe should not be converted into a federal bank specializing in small-and medium- sized enterprise (SME) financing, local…

#bank#banks#Boost


GE Commercial Finance Corporate Lending provides US$173.5m in financing...

GE Commercial Finance Corporate Lending announced it has provided US$173.5m in financing to United States Steel Corporation. The financing commitment…

#capital requirements#commercial finance#Vice president


Nacion to boost SME export and import financing next...

Argentina's largest bank, federally owned Banco Nacion, plans to boost its export and import financing operations for small-and medium- sized…


CIT names Brian J. Dunlap executive vice president of...

CIT Specialty Finance, an operating group of CIT Group Inc. and a leading direct and indirect provider of global financing…

#CIT#leadership#leasing


Citigroup sells asset-based lending unit to GE for US$4.4bn

Citigroup Inc. has agreed to sell a unit that lends to the trucking industry to General Electric Co. for about…

#leasing#Two


Sterling National Bank announces Manhattan banking and International trade...

Sterling National Bank, the principal banking subsidiary of financial holding company Sterling Bancorp, today announced a plan to open a…


Integrated Security Systems, Inc. announces US$3 million asset- based...

Integrated Security Systems, Inc. (ISSI), has announced an agreement with Briar Capital, L.P. to provide an asset based lending facility…


EDC agreements spur new export sales to Chile

Export Development Canada (EDC) today announced the conclusion of three financial agreements during 2004 that will facilitate C$ 165.1 million…

#exporters#insurance#trade


Siemens Financial Services aggressively expands commercial finance and asset-based...

Siemens Financial Services, Inc. (SFS), the US financial services arm of Siemens AG, today announced the further expansion of its…

#business finance#commercial finance#financial services

Niche players edging out banks in SME markets

Competition in the micro lending and small-and medium-sized enterprise (SME) financing sectors in Peru is stiffening because of a boom…

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