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Hennessey Capital Southeast closes gap when traditional lending is...

"What we'll begin to see is banks starting to tighten credit standards in response to indications of market weakness, leaving many companies that once qualified for traditional financing outside of the loop." (more…)

#alternative financing#bank#guarantees

New MD appointed at Experian-Scorex

Experian, the global information solutions company, today announced the appointment of (more…)

#financial services#i#risk


Euler Hermes reports turnover growth in Q3 2006

In the euro zone, the Euler Hermes turnover is up 3%, thanks to the strong business increase in France, Italy,…

#Allianz#guarantees#management


Working capital funder, UCF, says third quarter a record

United Capital Funding Corporation (UCF), the US working capital provider, says the level of funding volumes and client relationships for…

#business finance#international#Mark Mandula


Demand for supply chain finance grows

Demand for supply chain finance (SCF) is getting stronger, according to anecdotal evidence from the past year. Companies within manufacturing,…

#management#payment terms#supplier finance


Factoring Security Q3 profits up 21pc

Chilean financial group Grupo Security saw Q3 2006 profits rise 16% compared to the same period 2005, according to the…

#security


Accord reports substantially higher third quarter

Accord Financial Corp. has announced its unaudited consolidated financial results for the three and nine months ended 30 September 2006…


American Capital commits USD50m to First Capital

First Capital was founded in 1988 and focuses primarily on providing traditional factoring and asset-based lending services. The company also…


Atradius warns UK firms in danger of bad debts...

Booming economies may offer great opportunities for UK firms, but they can also cause costly headaches for companies chasing down…

#Atradius#debt collection#emerging markets


More small businesses turning to alternative financing

A new report published by the Federal Reserve finds that increasing numbers of small businesses turned to non-bank financial institutions…

#alternative financing#bank#financial services


BRE Bank eyes Czech and Slovak markets

BRE Bank holds a 50% stake in factoring company Transfinance in the Czech Republic. In Hungary, it holds 50% of…

#bank#banks#financial services


Coface forms venture with Russian insurer JSC Capital

French credit insurance and rating group Coface has formed a credit insurance joint venture with Russian insurance company JSC Capital,…

#banks#European Commission#guarantee

UK financiers break from tradition, move to invoice finance

The financial services sector is shunning traditional forms of funding in favour of alternatives such as invoice finance, according to…

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