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Americas

Government Development Agency Grants Loan to Factoring Company

The Chilean government's industry development agency Corfo has granted a US$1mn loan to local factoring company Profactoring to help the company boost lending to small- and mid-sized enterprises (SMEs), local daily La Segunda reported. Profactoring has granted a total of...

Desjardins Launches its EXPORT D Factoring Solution

Desjardins Group is expanding its range of integrated business solutions with the launch of EXPORT D, a new factoring solution…


Accord Financial Corporation Announces Quarterly Dividend

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


Canadian SMEs are as Entrepreneurial and Growth Oriented as...

Canada's small business entrepreneurs are just as prepared as their counterparts in the United States to take new risks and…


Oldest South-Western Factoring Company De-lists from American Stock Exchange...

KBK Capital Corporation, which provides business credit to middle-market companies, announced that, as of the close of business on September…

#bank#commercial finance#management


Chilean Banks Wary of Lending Funds to SMEs

Chilean banks have used just 7% of a US$500million government-sponsored loan guarantee for small- and medium-sized enterprises (SMEs) debt restructuring…

#banks#economy#guarantee


Quantum Corporate Funding, Ltd. Seeks Factoring Portfolios

Quantum Corporate Funding, Ltd., a nationwide firm specialising in alternative funding for small to medium-sized companies, is aggressively seeking factoring…

#alternative funding#bank#funding


Peregrine Shares Plunge as they Admit Balance-Sheet Information on...

San Diego’s troubled Peregrine Systems issued bad news after the market closed last Thursday. Before the news was announced, stock…

#management#Paid#receivables


Banks Begin Lending to SMEs Again

Mexico's private commercial banks have re-started lending to the country's small- and medium-sized enterprises (SMEs), local financial daily El Economista…

#bank#banks#SME lending


Four Banks Contemplate Factoring Business

Four Chilean banks are contemplating the possibility of adding factoring to their financial product line-up, local financial daily Estrategia reported.…


Bridge Bank Launches Factoring Service

Daniel P. Myers, President and Chief Executive Officer of Bridge Bank, National Association, today announced the official launch of the…

#bank#commercial finance#financial institution


CIT Board Approves Corporate Governance Initiatives

CIT Group Inc yesterday announced that, at its meeting on August 14, 2002, its Board of Directors instituted a number…

#CIT#leasing#SEC

Buenos Aires Stock Exchange Petitions For Factoring Market

Executives of the Buenos Aires stock exchange and its chairman Julio Werthein have asked economy minister Roberto Lavagna to approve…

#banks#economy#receivables

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