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Atradius – credit slump necessary correction of peak

Atradius is concerned the U.S. sub-prime mortgage market crisis will impact the capability of companies meeting their obligations. (more…)

#Atradius#crisis#risk

Venture supports Walkers Mcr IBO with ABL

Venture Structured Finance has backed the STG5m institutional buy-out of Walkers Mcr by Amin Amiri Enterprises. (more…)

#acquisition#funding#invoice


Leading EU nations see slowdown

EU economies saw a slowdown in the second quarter, with growth lower than forecast and Euler Hermes said that the overall picture…

#economy#GDP#investment


Bridge Business adds market manager

Bridge Business Bancorp has added Tony Clair as a Market Manager in Omaha, NE. (more…)

#Bridge#financial services#i


German micro lender enters Tanzania

 Access Microfinance Holding has ventured into the market and will specialize in providing loans and other financial services to SMEs.  (more…)


Government allocates US$55,4bn to SMEs

The Zimbabwe Government has allocated a total of US$55,4bn in loan facilities to support SMEs, so far this year. (more…)


Wells Fargo appoints BDO to Florida ABL unit

Wells Fargo Business Credit has hired Beth Braznell as business development officer in Florida and she is responsible for the asset-based…

#bank#financial services#Wells Fargo Bank


First Capital funds invoice purchasing facility

First Capital has provided a US$250,000 invoice purchasing facility to a NY corporate gift and promotional marketing distributor specialising. (more…)


Humphreys forecasts high growth at Factorline

Humphreys has assigned its A- rating to Factorline's peso20bn 10-year bonds. (more…)

#3M#bonds#management


LBBW acquires R-Procedo Factoring GmbH

Landesbank Baden-Wuerttemberg said it acquired R-Procedo Factoring GmbH from retailer Rewe Group for an undisclosed sum. (more…)

#bank#LBBW#management


Slovak factoring rose 5.5% in H1 2007

The Slovak factoring market rose by 5.5% in H1 2007, compared to a H1 2006 year-on-year increase of 47%, which…

#Clear#non-recourse factoring#receivables


SME want SADC attention

The Zambia Chamber of SME Business Association says there is need for the SADC summit to give attention to the Micro SMEs.…

#economy#smes

Platinum Funding appoints new VP of underwriting

Platinum Funding Group announced the appointment of Mary Ellen Nixon-Moore as vice president of underwriting. (more…)

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