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GE Commercial Finance starts up trade receivables securitisation unit

GE Commercial Finance is starting up a new effort to securitise trade account receivables. While the company has provided trade account receivable financing for many years (more…)

Cattles Invoice Finance and Merseyside Special Investment Fund help...

A crucial milllion pound investment has allowed an established Liverpool creative and technology communications company to tap in to the…

#crisis#funding#investment


Factoring fraud case to grand jury

If convicted, he could face up to 20 years in prison. The fraud charges stem from US$270,000 advanced as part…

#factoring fraud#MAN#management


Exim Bank approved loans and guarantees up 51pc

Export Import Bank Bhd says it is likely to achieve its targeted RM70m net gain this year and expects profit…


One in three factors to cut pricing next year

A third of UK factors and invoice discounters are set to reduce pricing on their invoice finance deals in 2007,…

#invoice#Two


3i Infotech expands in Saudi Arabia

3i Infotech is launching a fully owned subsidiary, 3i Infotech (Saudi Arabia), and will set up offices in Riyadh, Jeddah…


HSBC introduces invoice finance for Maltese businesses

The cash flow situation and the headache of debt collecting suffered by many Maltese businesses stand to be appreciably improved…

#bank#international#invoice


ABN Amro Bank gains license for factoring and forfeiting

The Banking Regulation and Supervision Board (BDDK) granted permission to the Istanbul Branch of the ABN AMRO NV for factoring…

#ABN AMRO#bank#exports


Coface share acquisition beefs up offering in Italy

Coface, the credit insurance and corporate analysis unit of Natixis, said it has agreed to buy a 15% stake in…

#bank#banks#management


Receivables puts – innovative protection against debtor default

In the booming world of credit derivatives, there is a new growth area - companies buying derivatives to protect themselves…

#bank#credit protection#Deutsche Bank


Coface ups Jan-Sep premiums 38pc

The Chilean subsidiary of French credit insurer Coface grew written premiums 38.4% from January-September this year to (more…)

#Boost#export credit insurance#insurance


Wells Fargo sees Bay Area small business lending soar

Wells Fargo said the dollar volume of its small business lending in the Bay Area jumped almost 33% to (more…)

Micro finance institution receives USD3.5m credit line

The European Bank for Reconstruction and Development (EBRD) is extending a US$3.5m credit line to support lending to local micro…

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