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Accord Financial Corp, the Toronto-based provider of factoring and asset-based financial services has announced its unaudited consolidated financial results for the three and six months ended June 30, 2003. Factoring volume rose 14% to C$333m in the second quarter of...
International credit insurance company Euler Hermes plans to target large- and medium-sized corporations in Mexico according to country manager Roger…
#3M#bank#international
While the demand from small- and medium-sized enterprises (SMEs) for credit is increasing, companies are obtaining funds from the credit…
Following the introduction of a new law the Guatemalan banking system is to be opened to new foreign-based players said…
According to Jose Schachner, chairman of Chile's factoring association, non-bank factoring companies in Chile are betting on credit insurance to…
#bank#Boost#insurance
Four new banks are considering opening niche operations in Chile in 2004. This will increase the degree of banking services…
#banking services#banks#financial services
Panama's Panabank is set to extend its operational reach within Central America through the acquisition of a local financial institution…
While some businesses struggle to stay afloat in the choppy economy, United Capital Funding is profiting from the storm. The…
#bad debts#bank#financial services
Credit insurance premiums in Chile are set to grow 30% this year, reaching US$15.6 million compared with last year, according…
#insurance#international#Two
Fleet Capital Corporation, one of America’s largest asset-based lenders, has announced that it served as agent for a US$200 million…
The Bank of Canada surprised financial markets on 15 July by cutting its key interest rate by one quarter-point, citing…
Chilean bank Banco del Desarrollo is considering the acquisition of a factoring agency aimed at complementing its services to the…
#bank#Credit Agricole#small businesses
Banco del Desarrollo is considering buying a factoring company. The decision follows the bank's recent acquisition of Banco Sudameris from…
#acquisition#bank