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Fleet Capital Corporation, one of the United States's largest asset-based lenders, announced today that it served as agent for a US$100 million senior secured credit facility to Columbus McKinnon Corporation, a leading worldwide designer and manufacturer of material handling products,...
#capital requirements#liquidity#working capital
Federal Reserve policymakers are expected to hold interest rates at a 41-year low when they meet tomorrow following the sudden…
The International Finance Corporation (IFC) of the World Bank has granted a US$100-million credit line to Grupo Financiero Banorte to…
The majority of SME manufacturers’ chief financial officers (CFOs) anticipate revenue growth for their companies according to a recent survey.…
#economy#interest rate#management
Chilean development bank Banco del Desarrollo aims to grow lending 8-10% next year, compared to this year's forecast 3.6% growth,…
#bank#commercial lending#Credit Agricole
Accord Financial Corp. (TSX - ACD), a leading North American provider of asset-based financial services to businesses, including lending, factoring,…
GE Commercial Finance announced it has completed its acquisition of the structured finance business of ABB. ABB and GE Commercial…
#acquisition#commercial finance#financial services
First Quantum Minerals Ltd. has signed a mandate and indicative term sheet with Standard Bank Group and WestLB AG as…
#bank#debt facility#export credit insurance
Brazil’s federally owned Banco do Brasil (BB) was very much in the news as it boosted its Proex export financing…
#bank#export finance#exporters
Chilean banker Odde Rishmague, who is engaged in factoring, financial advisory, and real estate in his home country, is planning…
#acquisition#bank#banks
Zones, Inc. (Nasdaq:ZONS), a single-source direct marketing reseller of name-brand information technology products, announced today that it has refinanced its…
#financial services#i#IBM
CapitalSource, a leading commercial finance firm headquartered in Chevy Chase, Md., announced today the formation of a new division focusing…
#commercial finance#funding#smes
The US economy grew faster in the third quarter than first reported, and consumer confidence rose from a nine-month low…