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Canada

Wells Fargo expands commercial finance in Canada

Wells Fargo Company said it will offer accounts receivable purchase programmes and expand its asset-based finance capabilities to companies throughout Canada through a new affiliate. (more…)

#bank#commercial finance#financial services

Euler Hermes Canada announces the launch of a new...

Euler Hermes Canada, has today launched a new Credit Insurance policy today designed with smaller or starting businesses in mind.…

#Allianz#management#small businesses


Institute calls for reform of export insurance business

Business think tank CD Howe Institute recommend that Export Development Canada (EDC) begin to withdraw from the short-term export credit insurance…


Overview: Asset and Equipment Finance And Leasing

According to the Canadian Finance and Leasing Association, the asset-based financing and leasing industry finances as much as 25% of…

#bank#guarantees#insolvency


Factoring volumes at Accord rise in Q3

In its Q3 results Accord Financial said that its factoring volume was strong and 12% higher than the same period last year. (more…)


Executive pleads guilty to factoring fraud

Terry Banks, director of ESD Fisheries, pleaded guilty to fraud and theft over C$5,000 for factoring invoices to CIBC between…

#bank#CIBC#factoring fraud


Coface begins factoring operations in Canada

Coface has begun trade receivables factoring in Canada through Coface Credit Management Canada Company. (more…)

#bank#invoice#management


Cash flow and profit analysis have very different uses

Factoring companies want to know that their clients are in sound financial health. Vern Krishna looks at how the link between…


Canadian businesses cash in on accounts receivable

The idea of selling receivables may once have been looked on askance by Canadian businesses. (more…)


Canam ends merger talks with Rogers Associate

Canam Credit and Rogers Associates have terminated their merger agreement. (more…)


Greenfield Financial Group announces Q2 results

Greenfield announced its Q2 results and the declaration of a dividend on common shares. (more…)

#Commercial Credit#i#Paid


Maple Trade Finance opens Vancouver office

Maple Trade Finance Inc. has opened a new sales office in Vancouver. (more…)

#cash flow solutions#cash-flow#international

EDC partners STEP to grow Saskatchewan exports

Export Development Canada is to provide a CAD1 million revolving loan to Saskatchewan Trade and Export Partnership to help Saskatchewan's exporters expand…

#exporters#exports#international

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