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ROI Fund’s first investment – $1.53 million to factor...

Return on Innovation (ROI) Advisors Ltd., portfolio manager for the ROI Fund, have announced its first investment; a $1.53 million investment in Morrison Financial Services Limited (Morrison Financial), one of the leading asset-based financing companies in Toronto. The structure of...

#asset-based lender#cash-flow#financial services

Lack of financing causes 70% of SMEs to fold

Of all the small- and medium-sized enterprises (SMEs) that start operations in the domestic market 70% close down two years…

#bank#economy#Produce


Standard Bank and WestLB AG in joint US$120 million...

Standard Bank Group and WestLB AG are "Co-Lead Arrangers and Underwriters" for a limited recourse Export Credit and Commercial debt…


Northwest Texas International Trade Centre of Lubbock joins Exim...

The programme is a national marketing initiative that brings export financing services to small- and medium-sized (SME) US companies through…

#bank#emerging markets#guarantees


Coface opens up in Quito and attracts interest among...

France-based trade insurance provider Coface's entry into Ecuador has already sparked the interest of local companies, Coface Chile's marketing and…


Caribbean Financial Services Corporation to fund SMEs from Ђ8...

The Barbados-based Caribbean Financial Services Corporation (CFSC) has received funds of Ђ8 million from the European Investment Bank (EIB) to…

#bank#financial institutions#financial services


CIT Small Business Lending names John Little Regional Account...

CIT Small Business Lending, a subsidiary of CIT Group Inc., announced another major addition to the organisation. John Little was…

#banks#CIT#small business


Molecular Imaging Corporation secures US$3.2 million asset-based financing package

Molecular Imaging Corporation, formerly known as Mobile PET Systems, Inc., announced that it has secured a US$3.2 million asset-based finance…

#funding#management#working capital


Swank Inc. enters US$30 million credit agreement against receivables...

John Tulin, President of Swank, Inc. reported the net sales and operating results for the company's first quarter. Net sales…

#bank#interest#interest rate


New banks to launch factoring, leasing and SME finance...

Progresso, the Chilean financial services company, is waiting for the go-ahead from local authorities to open its bank in January…

#bank#banks#financial services


Comerica Bank and GMAC CFin joint US$60 million credit...

Auction Broadcasting Company (ABC), a highly innovative auto auction company based in Indianapolis, announced the completion and funding of a…

#bank#commercial finance#financial services


Accord Financial Corp announces highest first quarter volume in...

Accord Financial Corp., a leading North American provider of asset-based financial services to businesses, including factoring, financing, credit investigation and…

Sterling National Bank appoints representative for new Southeast Region

Sterling National Bank, a subsidiary of Sterling Bancorp, announced that it is extending its business presence in the southeastern United…

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