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The state credit organization (Nafin) and National Foreign Trade Bank (Bancomext) will merge this month in a move aimed to reduce the requirements for small- and medium-sized enterprises (SMEs) so that they can export their products more easily. The decision...
#bank#Paid#smes
Commercial lenders across the nation believe the economy will continue to slowly improve during the first half of 2004, but…
#commercial finance#management#small businesses
Jewellery-store chain Friedman's Inc. said Thursday (2 October)the U.S. Justice Department is investigating a dispute over accounts receivable. Nearly three…
#account receivables#receivables
CIT Group Inc. announced today that its Commercial Services business unit has acquired a substantial portion of the U.S. factoring…
Century Business Credit Corporation, one of the largest bank-owned factoring companies in the world, has changed its name to Wells…
The reluctance of some banking institutions to facilitate the use of the lines of credit made available through the Central…
Since 1961, hundreds of thousands of small businesses have obtained financing that might not otherwise have been available to them…
#financial institution#guarantee#leasing
Miami-based factoring company E.S. Bankest collapsed this month with debts of at least $170 million, leaving creditors and clients asking,…
Ontario and Alberta will foster the most growth in small businesses in Canada over the next five years due to…
#bank#CIBC#small business
The Bank of New York Company, Inc. (BNY) and General Motors Acceptance Corporation (GMAC) have agreed to a settlement regarding…
#bank#SEC
What started as a helping hand has strangled a struggling local tech firm. Chantilly-based Stratesec abruptly shut its doors because…
#bank#cash-flow#international
Results released by the Canadian Federation of Independent Business (CFIB) show that business confidence for small- and medium-sized enterprises (SMEs)…
#insurance#small businesses#smes
Small businesses will benefit more from technical and financial assistance with the establishment of a financial charter between government and…