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Global

Good news for SME’s as SA catches on to...

Many manufacturing and distribution businesses have now discovered a preferred way of raising finance by using their own debtor book. (more…)

Securitisation lite comes to European Markets

Adrian Spurling from GE Commercial Finance talks to Roopi Makkar about the impact in Europe, of the Securitisation Lite Program.  (more…)

#bank#commercial finance#receivables


Dijbeszedo to offer factoring services

Dijbeszedo Holding is expanding beyond the utility sector and is targeting a 50% revenue increase in five years.  (more…)


Merchant Financial hires ABL BDO

Merchant Financial Corporation has hired John Canfora as vice president/business development officer. (more…)


Crestmark Bank announces ABL promotions

Crestmark Bank has announced the promotions of four personnel serving asset-based lending. (more…)


Coface appoints new managing director, UK and Ireland

Coface has announced appointment of Xavier Denecker as managing director of its UK and Ireland businesses. (more…)


Nikoil Bank has launched new SME crediting programs

Nikoil Bank has launched a new Development and Growth program for SMEs.  (more…)


IBM to provide IT solutions to SMEs

IBM India Ltd Wednesday commenced its small and medium businesses (SMB) operations at Nashik in Maharashtra. (more…)

#economy#IBM#SMB


FDs at risk from traditional attitudes to finance

A recent survey carried out by Venture Structured Finance highlights an over reliance on bank funding. (more…)


JPMorgan and GE report trade finance partnership

JPMorgan Chase and GE Commercial Finance have formed an alliance to offer global accounts receivable purchasing solutions. (more…)

#bank#commercial finance#exporters


Inecobank to receive EBRD loan for financing SMEs in...

Inecobank will receive a US$5m loan from EBRD, which will be directed to financing the SME and MSE sectors. (more…)

#bank#smes#trade


CIT Third Quarter Results

CIT Group Inc reported diluted net loss per share of $0.24 for the third quarter of 2007, due to the…

#bank#CIT#international

Asset based finance industry advances STG14bn to UK companies

In the wake of the Pre-Budget Report and the credit crunch squeeze on corporate lending, ABFA has issued statistics showing…

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