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Americas

Equifax announces $125 million trade receivables financing facility

Equifax Inc. has announced the closing of a trade receivables-backed revolving credit facility. Under the terms of the transaction a wholly-owned subsidiary of Equifax may borrow up to $125 million, subject to borrowing base availability and other terms and conditions....

#bank#LIBOR#receivables financing

ES Bankest files malpractice suit against law firm over...

ES Bankest LC has filed a malpractice suit against the Florida law firm Gunster, Yoakley & Stewart P.A. and one…


Credit insurer to expand in Brazil ‘this year or...

French insurance group Coface plans to open an insurance subsidiary in Brazil this year or in the beginning of 2005…

#AIG#management#receivables


New credit line for funding SMEs announced

A new credit line from Colombia's state-owned export development bank Bancуldex totalling 1.5trillion pesos (US$584m) with a target market of…

#bank#compliance#funding


The US EX-IM Bank and Japanese counterpart sign co-financing...

The Export-Import Bank of the United States (Ex-Im Bank) and its Japanese counterpart, Nippon, Export and Investment Insurance (NEXI), today…

#Atradius#bank#international


New standardised financial information file will boost small companies

The new standardised financial information file (FECU) for small- and medium-size enterprises (SMEs) will strengthen competition and benefit small companies…


Former Vice President to advise debt buyers

A major American buyer of healthcare debt has appointed former US Vice President Dan Quayle as a senior advisor. The…


SME transparency drive to improve finance access

The Chilean banking regulator, Sbif, and the local banking association, Abif, signed an agreement to create a standardised financial information…


First and largest international microfinance bond issued

International microfinance, which provides small loans to micro-entrepreneurs to help them rise out of poverty, just got a huge boost.…

#bank#bonds#international


Central banker says monetary policy decision will be good...

A coming tightening in monetary policy, after years of lower interest rates to stimulate growth, is good news for Chile…


World’s largest factor names new boss

CIT Group, the global leader in working capital finance with $50bn in assets under management, has appointed Rick Wolfert as…

Newcomers to move into factoring market

There are 16 factoring companies in the Mexican factoring market, the largest of them being Factor Banorte, Heller Financial and…

#banks#BBVA

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