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MarineMax, Inc., the nation's largest recreational boat retailer, has announced the expansion and extension of a $280 million credit facility. The $280 million asset-based credit facility has a three-year term with two additional one-year renewal options. It replaces and increases...
#bank#Bank of America#commercial finance
The Singing Machine Company has announced that it has entered into a new credit agreement with Milberg Factors, Inc., New…
Ecuador's government has moved the goalposts in its lending policy to the country's micro and small-sized business sector, according to…
First Community Bancorp today announced the signing of a definitive agreement to acquire, for US$40 million in cash, all of…
A survey by the US Federal Reserve (The Fed) reveals that a net 22% of US banks saw increased loan…
#banks#receivables#small business
Factoring slumped 20% to a volume of US$115bn in the US in 2002 compared to the previous twelve months, according…
Chile's factoring industry would only become subject to official state regulation if the companies concerned were to begin to handle…
#bank#factoring industry#factoring regulation
President Bush's fiscal year 2005 budget request for the Export-Import Bank of the United States (Ex-Im Bank), which the Administration…
Banco de Chile has posted net income of 130bn pesos (US$220m) for last year, up 146% compared to 2002 on…
#bank
Stelco, Canada's largest steelmaker, announced yesterday that it will seek bankruptcy protection as part of efforts to restructure its money-losing…
#bankruptcy#CIT#commercial finance
A new Germany-based company will soon join the local banking sector when it opens the first Mexican office of Deutsche…
Mexico's financial leasing companies should issue 12bn pesos (US$1.09bn) in new loans in 2004, up 71% from an estimated 7bn…
Federal Reserve policy makers unexpectedly dropped a commitment to hold interest rates low “for a considerable period” while voting to…