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According to the Canadian Finance and Leasing Association, the asset-based financing and leasing industry finances as much as 25% of annual new investment in machinery, equipment and commercial vehicles in Canada. (more…)
#bank#guarantees#insolvency
Allied Waste Receivables Funding Inc. has increased its securitized accounts receivable facility by US$100m. (more…)
Greek banking group EFG Eurobank Ergasias said on Tuesday it concluded the merger of its two Bulgarian units. (more…)
Despite legislation being passed in 1998 that enables companies to claim interest from other businesses on the late payment of…
#Commercial Credit#late payment#sustainability
The government kicked off its SME empowerment program with the signing of agreements on debts for 12 MSME businesses in…
Platinum Funding Group announced a two-year US$6-million financing facility for Cal Stonewood Properties LLC. (more…)
#funding#small business#Two
Aquiline Capital Partners LLC has announced that Frederick E. Rick Wolfert has joined the firm as a Senior Advisor. (more…)
Bayside Business Solutions will unveil CADENCE, its new commercial lending portfolio management platform. (more…)
#accounts receivable finance#commercial lending#management
The number one financial challenge facing British SMEs is getting paid by their customers according to new research. (more…)
The EBRD is providing a 5-year loan to Bank Caspian to support the expansion and further development of MSMEs. (more…)
#bank#management#small business
Sources say Coface, which owns the controlling interest in BDI is planning to extend its activities in Israel by establishing a factoring…
PrimeRevenue has announced the appointment of Richard C. Dick Cook to its Board of Directors. (more…)
The National Commercial Bank is offering unsecured credit or financing to SMEs whose working capital is tied up in outstanding receivables from…
#bank#interest rates#management