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Auction Broadcasting Company (ABC), a highly innovative auto auction company based in Indianapolis, announced the completion and funding of a new US$60 million credit facility. This facility, funded jointly by Comerica Bank and GMAC Commercial Finance is designed to provide...
#bank#commercial finance#financial services
Accord Financial Corp., a leading North American provider of asset-based financial services to businesses, including factoring, financing, credit investigation and…
Sterling National Bank, a subsidiary of Sterling Bancorp, announced that it is extending its business presence in the southeastern United…
Chilean small business bank, Banco del Desarrollo, plans to buy a factoring agency during the first half of 2003. Acquisition…
#3M#bank#small business
Greenfield Commercial Credit (Canada) has met the requirements to list on the TSX Venture Exchange and will commence trading at…
#ABN AMRO#bank#Commercial Credit
Chilean financial services group Grupo Security comprising a bank, a factoring unit, a stock brokerage, and a mutual fund announced…
#bank#Boost#financial services
The Overseas Private Investment Corporation (OPIC) and the African Trade Insurance Agency (ATI), a World Bank and pan-African state-supported Export…
#bank#emerging markets#exporters
Zurich North America's Emerging Markets Solutions unit (ZEMS) has announced the signing of a political risk insurance cooperation agreement with…
#bank#emerging markets#international
DrugMax, Inc. has announced that the company has secured a three-year, US$40m credit facility with Congress Financial Corp., a subsidiary…
Two familiar faces in the Houston financial services industry have formed Briar Capital LP., which focuses on small- and medium-sized…
#bank#financial services#receivables financing
Leading Mexican banks Santander Serfin, Banco Bital and BBVA Bancomer have made only 30% of the 15,800 small business loans…
#BBVA#commercial lending#guarantees
Whether Kmart Corp. should have paid several suppliers in the days after its bankruptcy filing has fuelled a legal fight…
#bankruptcy#Paid
Fingerhut Direct announced today that it has negotiated a $100 million senior secured line of credit comprised of a revolving…
#acquisition#CIT#receivables