Chile

Chile's Banco Internacional has become the first Chilean bank to join the IFC's global trade finance program, giving the bank access to

Factorline, Chile's largest factoring company, is predicting a 29% year-on-year asset increase in 2010 as part of an aggressive plan of expansion

Chilean factor Factorline has announced that six new branches will be opened

In a recent interview with Business News Americas, FactorLine CEO Sergio Contardo expressed high hopes for the firm as the economy recovers, voicing plans to grow the factoring line of the business by over 20 percent in 2010 – despite predicting zero growth for this year.

Chilean factoring company, Factorline, issues bullet bond for local market.

Julio Nilesen, International Manager at Factorline in Chile, examines developments and future trends in the Chilean factoring market.

IFC, a member of the World Bank Group, has provided $15 million to the Chilean company, Factorline.

The Chilean Factoring Association expresses confidence that it has reached a level of maturity to really help struggling SMEs.  

Chile's Central Bank announces dramatic basis point drop.

Chilean factors have a positive outlook for next year after 2008's successes.