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BNDES increases small business lending

Brazil's national development bank BNDES boosted its lending to micro- and small-size enterprises by 20% to more than 10bn reais (US$3.4bn) this year compared to 2002, according to interim development minister Mario Fortes. Brazil's federal banks Banco do Brasil (BB),...

#bank#Caixa#funding

Working group recommendations on Quebec government’s role in venture...

Pierre Brunet chaired the working group on the QuĐąbec government's role in venture capital at the behest of the minister…


Ex-Im Bank supports sale of services, equipment to foundation...

The Export-Import Bank of the United States (Ex-Im Bank) has approved a US$38 million loan guarantee to support the sale…

#bank#Deutsche Bank#exporters


Euler Hermes to offer export credit insurance in 2004

Euler Hermes, the specialisist credit insurance company, is opening a new company in Brazil. Euler Hermes is part of the…


Factors hope for legal reform in 2004

Mexico's factoring companies, leasing companies, warehouses and credit unions hope the government will submit a bill to congress next year…


Creating a faster growing,stronger GE

General Electric painted a rosy picture of the US economy Tuesday as it backed financial estimates for next year. At…

#cash-flow#economy#insurance


Ex-Im Bank announces appointment of first vice president and...

April H. Foley has been sworn in as first vice president of the Export-Import Bank of the United States (Ex-Im…

#bank#emerging markets#exports


Taking the fear out of factoring and explaining its...

With more and more reputable companies entering the factoring business, services have greatly improved… To read the full article by…


Taking the fear out of factoring

With more and more reputable companies entering the factoring business, services have greatly improved. But factors' bottom line use remains…

#bank#bank loan#commercial finance


Freedom Financial announces new vice president

Freedom Financial, Inc., a rapidly growing provider of factoring, purchase-order financing and additional asset-based lending services, has announced the appointment…

#commercial finance#i#order financing


Financial chief fired amid factoring fraud probe

Whitehall Jewellers Inc. said on Thursday that it had fired chief financial officer Jon Browne as a result of an…

#factoring fraud#receivables#SEC


GE Commercial Finance unit acquires leasing business

General Electric, the US conglomerate, yesterday agreed to acquire a large part of the equipment leasing business of IKON Office…

#acquisition#commercial finance#commercial lending

Maine Group to buy small Hyannis bank

The Banknorth Group of Maine announced plans on Tuesday to buy CCBT Financial Companies for $300 million in stock. Barring…

#bank#commercial lending#conference

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