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KBK Capital Corp confirms sale of its factoring business

KBK Capital Corp. of Fort Worth has confirmed it has sold its factoring division to Marquette Financial for an undisclosed amount. "The factoring company has grown from $8 million to almost $80 million during the last 10 years that we've...

Leading credit insurer rebrands

EULER American Credit Indemnity (EULER ACI), North America's leading credit insurer, has announced that it will change its name to…


Accord posts improved third quarter results

Accord Financial Corp, a leading North American provider of asset-based financial services to businesses, has announced unaudited consolidated financial results…

#Accord Financial#Accord Financial Corp#credit protection


Marquette Financial acquires factoring business from KBK Capital Corporation

A newly created subsidiary of Marquette Financial Companies will acquire the purchased receivables division known as KBK Financial, Inc. from…


Small business index falls in September

The National Federation of Independent Business (NFIB) Index of Small Business Optimism fell 2.8 points last month to 101.9 -…


Experian and Austin-Tetra form strategic partnership

Experian®, the global business solutions company, has formed a strategic partnership with Austin-Tetra, a leading supplier of intelligence for the…

#Commercial Credit#management


Central and Eastern Europe an open door for business...

Capping a decade-long drive to build market-based economies on Communism's jagged ruins, eight former Iron Curtain countries, along with Malta…

#exports#international#International Trade


CIT Group posts 10% earnings jump

Livingston-based commercial and consumer-finance company CIT Group Inc. posted a 10 per cent jump in third-quarter earnings, citing gains in…


President replaces Bancomext CEO

Mexican President Vicente Fox has named Hector Reyes Retana as the new CEO of Exim bank, Banco Nacional de Comercio…

#bank#banks#Exim Bank


New study reviews internal barrers to small business growth

How a company finances, plans and manages its business and human resources plays a significant role in determining the likelihood…


Regulations fail to speed up new business procedures

The quality of the regulatory framework in Mexico registered an improvement of 8.3 percentage points from 50.2% in 2001 to…

#smes


SMEs exceed targets set for new exporters

So far this year, 1,150 small- and medium-sized enterprises (SMEs) have joined the export market, reported the undersecretary for the…

#economy#exporters#smes

Wells Fargo reports record third quarter net income

Wells Fargo & Company reported that third quarter net income was a record US$1.6 billion in 2003, up 8 per…

#bank#financial services#trade

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