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Stronger exports boost trade insurance demand

Stronger exports in Argentina have boosted the demand for trade insurance, which is likely to grow between 20% and 30% in the second half of 2003, according to the local financial newspaper, El Cronista. Argentine exports reached US$8.89bn in the...

Fogape auctions US$77m small company loan guarantees.

Chile's state-sponsored loan guarantee fund Fogape has auctioned a total of US$77m in loan guarantees for small company lending to…


SME finance company files registration statement for proposed initial...

CapitalSource Inc. announced today that it has filed a registration statement with the Securities and Exchange Commission for a proposed…

#cash-flow#commercial finance#Credit Suisse


Desarrollo boosts leasing activities and eyes up factoring agency

Intesa sold its Sudameris banking franchise in Chile to Desarrollo last month in return for US$30m in newly issued Desarrollo…


Lenders expect dramatic improvement in economy within 18 months

According to the results of the latest Phoenix Management "Lending Climate in America" quarterly survey, three-quarters of commercial lenders expect…


Banks lend SMEs US$161million to May, up 49% from...

Colombia's banking system issued loans totalling 451bn pesos (US$161m) to small- and medium-sized enterprises (SMEs) this year to May, up…

#bank#guarantee#guarantees


Free trade agreement provides niche opportunities for factors

Chile's free trade agreement (FTA) with the European Union (EU) and the imminent agreement with the US could lure international…

#banks#Boost#international


International Factoring Association seminar announced

The International Factoring Association is to hold a one-hour teleconference seminar on Thursday, 12 June at 1pm Pacific Daylight Saving…


Telemedicine company adds credit insurance to help grow exports

In an effort to boost overseas sales, AMD Telemedicine just added another small weapon to its arsenal. The Shattuck Street…


Euler & Hermes to compete with Coface in export-guarantee...

Euler do Brasil, the local credit insurance unit of German financial group Allianz, has received government authorisation to insure export…


Man charged with US$35 million frauds involving factoring company...

George (Carl) Alexander Jr. faces 12 counts of mail fraud and money laundering said the U.S. Attorney's Office. The authorities…


Bancomext grants 14bn pesos in loans, guarantees and insurance...

The Mexican Foreign Trade Bank (Bancomext) reported that between January and April it has provided financing of 14.13 billion pesos…

National Association of Wholesaler-Distributors forms alliance with EULER ACI...

The National Association of Wholesaler-Distributors (NAW) has announced that it has selected EULER American Credit Indemnity (EULER ACI) as its…

#management#risk#risk management

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