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Pressure rising on GMAC amid mounting GM losses

In the wake of General Motor’s (GM’s) dismal financial release, analysts have eagerly re-initiated their frenzy of speculation over the looming sale of a controlling stake of GMAC (more…)

#bankruptcy#financial services#J.P. Morgan

Government announces new Chief Executive for UK Trade &...

Jack Straw said: "UKTI's job is to sell to a global audience the very qualities that made us one of…


Banco Security ups profits 38% in 2005

Grupo Security owned Banco Security is active in factoring, insurance, stock brokering and (more…)

#bank#commercial lending#insurance


B&Q suppliers cannot use invoice finance without consent

 John Cleland, managing director commercial at B&Q, wrote to suppliers 10 days ago setting out the new terms. “I recognise…


Government finance boost for development of SME activities for...

The Finnish Government has allocated total financing of €132 million for development of the activities of small- and medium-sized enterprises…


Tighter credit, slowing global economy forecast – EDC

Canadian exporters are losing confidence as they begin to feel the challenge of a slowing global economy. Looking to the…

#exporters#management#risk


Bill on export insurance with state subsidy signed

The Senate returned the bill, which will enable the sale of the subsidiary of the export guarantee and insurance company…

#Bill#Commercial Credit#exports


Feller Rate affirms Coface Chile credit rating

 In Chile, Coface competes with Mapfre Garantías y Créditos, a unit of Spain's Mapfre, and Continental (more…)


Small businesses let down by late payers

Ask many small businesses what their biggest problem is and they're likely to respond with: cash flow. They're working hard,…

#cash-flow#forum#small businesses


Fortis grows asset-based lending activity with new acquisition

The Lausanne-based company, which specialises in asset-backed financing, operates in the German, French, and Italian-speaking Swiss cantons (more…)

#acquisition#leasing


Atlantic RMS announces record year

Atlantic Risk Management Services Limited (AtlanticRMS), a factoring outsourcing specialist, completed around 850 audits during 2005, the company has announced.…


SME service, manufacturing and construction sectors rally in Q4...

The festive Christmas season helped to reinvigorate the UK growing business sector during the last quarter of the year, according…

HSBC partners IFC to offer Global Trade Finance Programme

The Brazilian unit of UK banking giant HSBC has originated the first trade transaction for a Brazilian exporter under the…

#bank#emerging markets#exporters

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