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Loans from Colombia's state-owned export development bank Bancoldex to micro-, small- and medium-sized enterprises grew 99% to 407bn pesos (US$153.4mn) in the first half of 2004 compared to same-period 2003, according to a bank statement. The bank lent a total...
#bank#smes#trade
GE Commercial Distribution Finance (GECDF), the supplier finance unit of GE Capital, has agreed to expand the distribution finance facility…
The Singing Machine Company, a maker of consumer-oriented karaoke machines in the US, has said it will look to selling…
#capital requirements#management#receivables
Grupo Security, the financial services conglomerate and owner of Factoring Security, the third largest factor by market share in Chile,…
#bank#bonds#financial services
Mexico's national foreign trade bank Bancomext issued US$2.1bn in loans to support export activities in the first five months of…
#bank#exports#smes
Hairmax International, a beauty products group, is seeking to partner or invest with a company that provides financial services to…
Assurant Group companies have agreed to return about $6.5 million for charging what Maryland's insurance commissioner calls excessive rates for…
#compliance#insurance#Paid
Three pastors and a church employee have joined a growing list of inland investors looking to the courts to recoup…
Approximately 110 public companies will file for bankruptcy in 2004, substantially fewer than in any of the past six years,…
#bonds#interest rates#international
The risk of bad debt is an inevitable fact of business life; however, the impact of a major irrecoverable loss,…
#Atradius#insolvency#invoice
Ecuador's government has created a new credit insurance to protect domestic exporters and to provide increased information about buyer's credit…
Brazilian Banco Santos has obtained a US$35m secured revolving export finance facility from a syndication of international financial institutions, according…
A new asset-based lending firm has been founded by long-term Dallas lenders James E. Casper, Michael D. Haddad and Jim…