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Louisiana legitimates receivables electronic exchanges

The Louisiana legislature passed a law, signed by Gov. Bobby Jindal, making the sale of commercial receivables over electronic exchanges located in Louisiana defensible on a national level as a 'true sale' of the asset. (more…)

#commercial finance#insolvency#management

AIB and Bank of Ireland announced their SME lending...

The Government has today published the lending plans of AIB and Bank of Ireland, outlining where each bank will achieve…

#bank#exporters#invoice


The Interface Financial Group launches educational videos on alternative...

The Interface Financial Group (IFG), North America's alternative funding source for small businesses, announced a new series of educational videos…

#alternative financing#alternative funding#invoice


China Construction Bank partners with DHgate.com

China Construction Bank has inked a partnership with DHgate.com, a business-to-business ecommerce platform based in China, to (more…)

#bank#China Construction Bank#innovation


TEB Fatoring named Best Export Factor by FCI

Factors Chain International (FCI) has named TEB Faktoring Best Export Factor of 2010. Çagatay Baydar, General Manager of TEB Faktoring,…

#awards#international


Hilton Baird strengthens senior team

Hilton-Baird Group, a leading independent commercial finance specialist, is strengthening its team with two new senior appointments... (more…)


Standard Chartered announces purchase of GE Commercial Financing in...

Standard Chartered said on Monday it had agreed to buy GE Commercial Financing (Singapore) Ltd, General Electric's SME factoring and…


Ariel reinsurance announces opening of a representative office

Ariel Reinsurance Company Ltd. (Ariel Re), a Bermuda-based insurance and reinsurance company, announced today the opening of a representative office…


Receivables Outsourcing announces acquisition of Arc Group Associates

Receivables Outsourcing, Inc. (ROI), an accounts receivable management company based in Timonium, Md., announced today that it has acquired Arc…


EU will help SMEs to tap into fast-growing export...

A new EU study reveals that small firms which trade internationally create more jobs and are more innovative. However, just…


BofA Merrill launches new global liquidity solution

Bank of America Merrill Lynch (BofA Merrill) has created a multi-million dollar platform to enhance the delivery of its global…


United Capital helps fund BP oil clean-up

United Capital Funding Corp., the leading provider of professional Accounts Receivable based funding and credit management solutions in the United…

SEC suspends Peregrine former senior treasury manager

The Securities and Exchange Commission has suspended a CPA who was the former senior treasury manager and assistant treasurer at…

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