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Global

EBRD invites proposals for factoring advisory services for banks...

The European Bank for Reconstruction and Development (EBRD) intends to engage a consultancy firm to assist the selected issuing banks and financial companies in Ukraine by filling the gap between the growing demand for the sophisticated trade finance banking product...

New online service helps businesses name and shame late...

Businesses frustrated by cash flow problems caused by slow paying debtors need not despair. Help is at hand with an…

#bankruptcy#cash-flow#debt collection


Expectations for the US economy are worsening- Euler Hermes...

US business profits are continuing to slow steadily and some industry sectors are in a weakened condition, according to economic…


Global network of Export-Import Banks meets

UNCTAD (United Nations Conference On Trade And Development) Secretary-General Supachai Panitchpakdi opened a one-day meeting of the new Global Network…

#bank#conference#exports


Cattles Invoice Finance fund rubber roller company MBO

The Accrington-based company has received a funding line from Cattles Invoice Finance to free up working capital and help further develop…

#cash-flow#funding#invoice


Factoring volume to grow 25% in 2006 as more...

Chile's factoring industry will see business volume grow 25% this year due in part to new players entering the market…

#bank#Bank of America#banks


Medicinos Bankas gets EUR5m loan for micro loans to...

Bank Medicinos Bankas has signed a €5 m loan agreement under the EU Preparatory Action Programme with  (more…)

#bank#investment#small businesses


Hitelgarancia reduces subsidy fees

State credit guarantee agency Hitelgarancia Zrt has reduced the guarantee fees for a credit facility on state-supported preferential terms (more…)


Lowest monthly insolvency rate in 5 years

The number of insolvencies in February declined by12.2% compared to February 2005,  the lowest number in one month since February…


Bibby Financial Services appoints VP, Business Development

Bibby Financial Services has announced the appointment of its new vice president of business development (more…)


ICICI first bank in India to provide TradeCard export...

India's second largest bank has signed a partnership agreement to offer pre- and post-export financing to customers of financial supply…

#bank#financial services#First Bank


1st Commercial Credit launches transportation factoring products

1st Commercial Credit, LLC has announced three new factoring products aimed at the global transport industry (more…)

#1st Commercial Credit#Commercial Credit#trade

Cerberus's GMAC bid gathers steam

Cerberus Capital Management may secure funding for a potential bid on General Motors Corp.'s financing arm from its portfolio firm…

#bank#banks#commercial financing

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