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Wells Fargo Century names Brister president and CEO

Wells Fargo Century, a subsidiary of Wells Fargo Foothill and part of Wells Fargo Company names Stuart Brister president and CEO of the New York-based factoring and trade finance firm. (more…)

Bank Renaissance Capital reduces fraud with Experian Scorex Hunter...

Bank Renaissance Capital, one of the fastest growing consumer lending banks in Russia, has achieved a significant decrease in its…


SMEs not being made aware of vital DTI loan...

Almost two thirds of UK SMEs are unaware of a potential financial lifeline backed by the DTI - in the…

#Funding Options#invoice#invoice financier


Coface warns on economic conditions in U.S., Baltic Region

Trade credit insurer Coface S.A. said it placed the United States and two Baltic states on its negative watch list,…

#banks#credit risk#international


Advantages and disadvantages of factoring

The huge number of SMEs in the UK, combined with the general problem of raising finance for such concerns, has…


Trade credit insurer Euler Hermes launches Argentina unit

Trade credit insurer Euler Hermes S.A. launched a new Latin American subsidiary in Argentina, its third in a region the…

#Allianz#exporters#international


Factoring companies earnings up 5pc

Mexico's factoring companies recorded earnings of pesos 268m last year, up 5% on 2005. Factoring companies saw their loan portfolios…


Mapfre credit insurer shoots for 20pc premium growth in...

The Chilean credit insurance unit of Spain's Mapfre is looking to grow premiums 20% this year to some pesos 6.44bn…


Biggest fall in corporate insolvencies for four years –...

Corporate failures have fallen by 8.8 per cent during the first three months of 2007, with 430 fewer failures than…

#financial services#insolvencies#insolvency


SMEs hit by RBI policy

The Apex Chamber of Commerce and Industry today said the business of small and medium sector enterprises had been adversely…


Aston Rothbury licenses Surecomps allFAC

Equipped with extensive electronic data interchange (EDI) capabilities, allFAC offers a wide range of automated business-processing functionality. (more…)

#financial services#invoice#management


Cattles Invoice Finance plans strategic acquisitions

Cattles Invoice Finance has made its ambitious growth plans clear by securing a financial commitment from parent company, Cattles PLC,…

#acquisition#Clear#invoice

Hennessey Capital provides USD1.15m in three transactions

Hennessey Capital announced the completion of the following financing agreements... (more…)

#bank#letter of Credit#working capital

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