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 better guarantees and reducing credit terms

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 for Chilean factoring firm Factorline for on-lending to local SMEs, according to IFC.

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 US$3m, IIC announced.