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e-invoicing pilot complete and thrown open to SMEs countrywide

Chilean tax regulators will conclude a pilot electronic invoicing project on Tuesday, 2 September and will open up the service to all Chilean businesses, including the country's small- and mid-sized enterprises (SMES), local press reported. Chile's tax agency, the SII,...

#digital#electronic invoicing#small businesses

Factoring industry boosts profits by 27%

Chile's factoring industry posted profits of 5.21bn pesos (US$7.45m) in the first half this year, up 27% compared to the…

#banks#factoring industry#smes


ExIm Bank plans US$500 million trade credit programme for...

The US. Export-Import Bank said yesterday (28 August) that it expects to approve a US$500 million loan fund to provide…

#bank#exporters#exports


Sale of Bombardier unit likely cut by $150 million...

Bombardier Inc. could see up to $150-million shaved off the $1.23-billion price being paid for its recreational products division. The…


Banks seek to regain business credit market

The commercial banking sector needs to recover ground lost to the suppliers that have become the primary credit sources for…


BDC and the Caisse create a $300 million SME...

The Business Development Bank of Canada (BDC) and the Caisse de dйpфt et placement du Quйbec (Caisse) have concluded an…


Alliance announces resignation of president

Alliance Financing Group Inc has announced that Michael Maurer has tendered his resignation as president and as a director of…

#commercial finance#receivables#receivables financing


Crestmark Bank announces new First VP for asset-based lending...

Crestmark Bank has introduced Mark Matheson as its newest first vice president. Matheson will initially be responsible for underwriting and…

#bank#commercial finance#management


Finance firm to healthcare providers files for Chapter 11

DVI, Inc. (DVI) today announced that it and two of its US subsidiaries, DVI Financial Services and DVI Business Credit,…


Braskem S.A. raises US$30m against future export US$ receivables

Braskem S.A, leader in the thermoplastics segment in Latin America and among the five largest Brazilian privately-owned industrial companies, today…


Euler Seguros authorized to sell credit insurance

Mexican regulators have authorized local insurer Euler Seguros Mexico to sell credit risk insurance, local daily El Universal reported. Euler…


Banco del Desarrollo to acquire factoring business despite profits...

Chile's Banco del Desarrollo saw first half net profits drop 5.85% year on year to 3.4bn pesos (US$4.9m), mainly due…

Couple charged with fraudulently soliciting for investor funds to...

Bluffdale residents Gerald Trevor Jones and DeAnn T. Jones have been charged in the 3rd District Court with multiple securities-related…

#interest#Paid#WHO

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