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Fitch Ratings has upgraded and removed from Rating Watch Positive Transamerica Finance Corp.'s (TFC) senior debt to 'AA-' from 'A' and subordinated debt to 'A+' from 'A-'. Fitch also affirmed TFC's 'F1+' commercial paper (CP) rating. The subordinated debt rating...
Mexico's government has kept the door open to a possible merger involving Ex-Im bank Bancomext and small business development bank…
#bank#banks#small business
In September, Community Redevelopment Agency (CRA) executive director Doug Hutchinson signed an invoice promising US$9,000 to factoring company A/R Funding…
#funding#invoice#Paid
The Export-Import Bank of the United States (Ex-Im Bank) can provide three different types of financing to support Iraqi reconstruction…
Chile's factoring industry posted total profits of around 11bn pesos (almost US$20m) in 2003 with income set to increase this…
#exports#factoring industry#international
The Small Business Administration (SBA) has announced that it has suspended its main US$9.4 billion loan programme because it has…
#bank#management#small business
Textron Financial, a unit of Textron Inc. today announced that it has sold substantially all of its Small Business Direct…
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