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Americas

NABE survey shows US business spending rising again

More than two years after clamping their wallets shut, American businesses have begun to boost spending again on facilities and equipment, offering some hope of a firmer recovery, the latest survey by the US National Association for Business Economics (NABE)...

IFA announces Board of Directors

The International Factoring Association (IFA) has announced the names of the new Board of Directors for 2003-2004, which includes four…


Bancomext investments in loans to SMEs and credit insurance...

The Mexican Foreign Trade Bank (Bancomext) invested 19.92 billion pesos (US$1.91 billion) to support export-related activities between January and May,…


Secretariat of Tourism launches support for SME sector

With the backing of the Economy Secretariat, Nacional Financiera (Nafin) and the commercial banking sector, the Secretariat of Tourism (Sectur)…

#bank#economy#investments


Wells Fargo Business Credit appoints business development manager in...

Melody Stallings was promoted to vice president and business development manager for Wells Fargo Business Credit's national factoring division. "Melody…


Commercial Factors of Cleveland were victims of US$500,000 receivables...

Troy Parker, and Kristine Parker, were indicted by a federal grand jury in Cleveland on charges of conspiracy, mail fraud…

#receivables#Two#WHO


Trade Finance readers vote Zurich North America Unit best...

Zurich Emerging Markets Solutions (ZEMS), the Washington, DC-based political and credit risk insurance unit of Zurich North America, has been…

#credit risk#emerging markets#international


US interest rates cut to 45-year low: Fed decides...

The Federal Reserve last night signalled that it would not risk Japanese-style deflation gripping the world's biggest economy when it…


Alternative medical treatments firm looks to receivables finance to...

Hard to Treat Diseases Incorporated (HTTDS) announced today the targeted market for the Holistic Product T-19(R). According to the National…

#debt financing#receivables


SME financiers EquinFin and Celtic Capital sign merger agreement,...

EquiFin, Inc. (‘the Company’) (AMEX:II and II,WS) today announced the signing of a definitive merger agreement providing for the anticipated…


Hall Kinion announces completion of new receivables-based credit facility

Hall, Kinion & Associates, Inc. (Nasdaq: HAKI), The Talent Source®, announced today that it signed an agreement for a $16.0…


Factoring companies foresee growth in 2003

The 11 factoring companies belonging to Mexican factoring association AMEFAC expect that their monthly credit operations in 2003 will exceed…

#factoring industry#Two

iBX Group buys NursesSTAT™ to integrate healthcare staffing and...

iBX Group, Inc., (OTC Bulletin Board: IBXG) announced today that it has finalized the acquisition of NursesSTAT™, a leading-edge medical…

#acquisition#cash-flow

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