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GMAC Commercial Finance commits to $10m facility for Next...

Next Inc., an emerging leader in the licensed sportswear and promotional products industry, has announced it has received a commitment for a US$10m line of credit facility with GMAC Commercial Finance (more…)

#bank#commercial finance#management

Feller Rate hikes rating on Mapfre, Coface

Chilean ratings agency Feller Rate has upgraded its ratings on local credit insurers (more…)


CU to provide Small Business Administration guaranteed loans for...

CU, one of the nation's largest credit unions, announced it will offer Small Business Administration (SBA) guaranteed loans to its…

#Mastercard#small business#Vice president


Backward banks don't encourage forward thinking, says report

The UK's small- and medium-sized enterprises (SMEs) believe high street banks are not flexible enough to support socially minded businesses.…

#asset based finance#Flexible Funding#invoice


GTF targets Rs 5,000 cr turnover in 2007

Riding on the back of a 100 per cent year-on-year growth in assets, export-import factoring company Global Trade Finance Ltd,…


CzechTrade agency and HKCR networks join forces to support...

CzechTrade, the government agency charged with increasing international trade and cooperation between domestic and foreign companies, has launched a new…

#bank#international#International Trade


Central Bank increases interest rate

This is the third time this year that the interest rate has been increased (more…)

#bank#banks#interest


FLA asset finance statistics show weak growth in Q2...

Second quarter results, released by the Finance Leasing Association for the asset finance industry, indicated weaker growth in new business,…

#funding#investment#leasing


Hitelgarancia stock of factoring guarantees reaches HUF 1bn

The stock of guarantees on factoring contracts by Hitelgarancia, a majority state-owned guarantor of credit for small- and medium-sized enterprises…


French SMEs target increased exports

Small- and medium-sized enterprises (SMEs) represented 86% of the 100,000 exporting French businesses in 2005, but were responsible for just…

#exports#smes#trade


Siam General Factoring debt transfer, SET wants answers from...

The Stock Exchange of Thailand has asked Eastern Wire Plc (EWC) to explain a transaction involving seven account receivables that…


Heller posts 13pc sales rise, CEO says factoring potential...

Heller Bank AG posted sales of euro 5.73bn in the first half of 2006 - a 13.6 per cent increase…

Fortis zones in on factoring, trade finance in Scandinavia

Fortis Bank has opened branches in Copenhagen (Denmark) and Stockholm (Sweden), reinforcing its European network of business centres to a…

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