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ACR raises working capital

ACR Group, the US-based heating and refrigeration supplier, has secured working capital from (more…)

Wachovia leads in small business lending

Wachovia Corporation announced that it became the No. 1 small business lender within its markets by dollar volume, based on…


JEREMIE to improve SME access to finance

The Ministry of Finance of the Slovak Republic and the European Investment Fund (EIF) have signed a Memorandum of Understanding…

#bank#EIF#guarantees


GMAC renews syndicated bank facilities

General Motors Acceptance Corp. (GMAC), the financial arm of automaker General Motors Corp., has renewed two syndicated bank facilities totalling…


BPPG announces interest rate for commercial late payments

The Better Payment Practice Group (BPPG) has advised businesses wishing to apply the late payment legislation that (more…)


Wells Fargo factoring division names new BDO

Wells Fargo Company has named a new vice president of business development for Wells Fargo Business Credit's Factoring division, responsible…

#commercial finance#factoring industry#funding


World Bank gives 3.5bn cedi to SMEs through Ghana...

The World Bank presented the second tranche of prizes to 21 small- and medium-sized enterprises (SMEs) whose projects and business…

#bank#banks#international


Anfac to issue securitised bond

Chile's factoring industry association Anfac aims to issue a one- to four-year US$40m securitised bond by September, according to Anfac…

#bank#factoring industry#funding


LSQ receivables finance package sets company on road to...

LSQ Funding recently provided a US$500,000 accounts receivable line of credit to a 30-year-old packaging company (more…)

#bankruptcy#cash-flow#funding


IFC supports SMEs through NLB Continental Banka credit line

The International Finance Corporation (IFC) has agreed to provide a €20 million credit line to NLB Continental Banka of Novi…

#bank#international#management


Factoring industry gears for growth with new association

Poland's factors now have a re-branded association to represent the interests of the industry. The Polish Factoring Association is to be…

#commercial finance#conference#ING


Finance Corp supports SME sector

The International Finance Corporation (IFC), the private sector arm of the World Bank Group, will provide joint risk-sharing with the…

#bank#guarantees#international

Eximbank adapts products to EU competition standards

Romanian Export-Import Bank announced yesterday that it has launched new products for small- and medium-sized enterprises (SMEs) and exporters (more…)

#bank#exporters#exports

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