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Chile

Banks see factoring business up 10 percent this year

Chilean factors have a positive outlook for next year after 2008's successes.   (more…)

To SMEs with Love, When and How?

According to the Central Bank, Chilean banks have reduced the credits to SMEs by 74%, they are charging higher rates, requiring…

#bank#guarantees#interest rates


Government announces credit for factoring and SME finance

Chile has announced fresh measures to inject liquidity into its banking system and guarantee SMEs and exporters have access to credit…

#bank#conference#exporters


Coface sees credit insurance rates up at least 10%...

The financial crisis in the US will increase premium rates on credit insurance in Chile at least 10% (more…)


Humphreys rates Factorline bonds

Chilean ratings agency Humphreys has assigned an A- rating to local factoring firm Factorline's CLP31.5bn (US$59.3m) worth of 10-year bonds…


Factorline seeks US$15m in new IFC funds

On October 17 the board of the International Finance Corporation (IFC) will decide on a possible five-year, US$15m credit line…


Fitch, Humphreys rate Factorline commercial papers

Fitch and Humphreys have assigned ratings to Chilean factoring company Factorline's sixth line of commercial papers worth pesos15bn (US$30.6m). (more…)


IIC to lend more to Eurocapital

The Inter-American Investment Corporation ( IIC ) has approved increasing its loan to Chilean factoring company Eurocapital to US$5m from…


Factorline 2007 profits up 11.3%

Chilean factoring firm Factorline booked a pesos 4.02bn (US$8.61m) net profit in 2007, up 11.3% compared to the previous year.…


Government to tender US$1bn funding for SME loans

Corfo is looking to award around US$1bn in funding for SME loans this year and in 2008. (more…)

#BBVA#guarantee#IMF


Banks to bid for US$268m small biz loan guarantees

Fogape was due to be auctioned on 25 September for pesos 138bn in small business loan guarantees. (more…)

#bank#guarantee#guarantees


Factorline expects 18% loan growth this year

Factorline expects to grow loans 18% in 2007 and expand the scope of services lent due to a recent agreement inked with…

#bank#Boost

IFC pays USD15m for stake in Factorline

IFC has invested US$15m for an 18% stake in Chilean factoring company Factorline (more…)

#international#International Trade#investment

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