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Textron Financial, a unit of Textron Inc. today announced that it has sold substantially all of its Small Business Direct portfolio to MBNA America Bank, N.A.. Terms of the transaction were not disclosed. Textron Financial's Small Business Direct division provides...
The 2004 International Factoring Association (IFA) conference will be held in Miami Beach, Florida on 21 – 24 April 2004…
Although the budget assigned to the Under-secretariat of Small- and Medium-Sized Enterprises (SMEs) of the Economy Secretariat will be similar…
Financial group Grupo Financiero Delta has acquired 100% of local leasing company Capital Leasing & Finance for an undisclosed sum,…
#acquisition#bank#financial services
Lesco Inc. (Nasdaq: LSCO) has completed the restructuring of its debt. Lesco said the restructuring includes the sale, for US$58…
#bank#bank loan#conference
YP.Net™ (OTC BB: YPNT), a leading provider of Internet Yellow Pages and related services, announced today that New Horizon Capital…
#Clear#funding#i
Mexican transport conglomerate Grupo TMM has closed a further US$25 million of certificates under a receivables securitisation programme, worth a…
#bank#commercial finance#receivables
"HSBC's decision to exit the domestic factoring business was made as a result of our new strategic plan's emphasis on…
#bank#CIT#CIT Commercial Services
The National Federation of Independent Business's (NFIB) monthly index of small-business economic indicators increased by 1.3 points in November to…
Mexico's financial leasing companies are in for a good year in 2004 irrespective of whether congress approves fiscal and energy…
Salvadorian finance company Calpia will start operating as a bank in January 2004 under the name Banco ProCredit, according to…
#bank#banks#World Bank
Brazil's national development bank BNDES boosted its lending to micro- and small-size enterprises by 20% to more than 10bn reais…
#bank#Caixa#funding
Pierre Brunet chaired the working group on the Quйbec government's role in venture capital at the behest of the minister…