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Med Diversified Inc. ("the Company"), today announced that the U.S Bankruptcy Court for the Eastern District of New York approved the Company's and certain subsidiaries' ("Subsidiaries") entry into a post-petition factoring agreement with Florida-based Sun Capital Healthcare, as well as...
#acquisition#bankruptcy#management
The Financial Times reported today on GE Capital’s changing relationship with its parent, General Electric. Last year GE Capital, once…
Chile's Banco Progreso said that it would start operating as a niche bank in 2004, with a focus on small…
Chile's banking system had profits totaling 492bn pesos (US$594mn) for November, up 7.03% compared to the previous month, banking regulator…
Brazil's central bank on Wednesday increased its key interest rate by 3 percentage points to 25 per cent in an…
Brazil's credit reporting network RNPN ( http://www.rnpn.com.br.) expects 25,000 member companies will use its B2B services by the end of…
Colombian bank Bancolombia (NYSE: CIB) loaned more than 15.3bn pesos (US$5.4mn) to some 5,000 small- and medium-sized enterprises (SMEs) in…
The GETPAID(R) Corporation, the leading provider of receivable management software and services, today announced the promotion of Barry Tudor to…
#management#receivables#training
One of the events of this year that we should remember is the retirement of Leonard Machlis after 38 years…
GE Commercial Services to provide a credit protection facility for trade transactions GE Commercial Services, a unit of GE Commercial…
#commercial finance#international#International Trade
Urguayan bank Banco Acac has joined forces with French insurer Coface to provide export financing with credit insurance, local daily…
The Federal Reserve decided to keep short-term interest rates unchanged yesterday, in something of an anticlimax to recent dramatic developments…
The number of bankruptcy filings in the federal courts in Fiscal Year (FY) 2002 broke records again, and with no…