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CIT Group names President, CIT Canada

The new President, CIT Canada will be responsible for directing the continued expansion of CIT's financial offerings across (more…)

Fed raises interest rates

The Federal Reserve's decision to keep raising interest rates in the face of a devastating hurricane means (more…)

#bank#banks#Clear


Enterprise Finance Europe appoints new Associate Director

Enterprise Finance Europe (EFE), has appointed Chris Hardy as Associate Director.... (more…)


BSGV enters factoring market

BSGV Factoring is a newcomer to Russia's factoring market.... (more…)


Chase Business Credit adds three to ABL origination team

Chase Business Credit recently announced three additions to its asset-based loan origination team (more…)

#bank#Bank of America#financial services


Millennium set for return to factoring elite

Eighteen months after the acquisition of Forin, Millenium Bank is returning to the fray of the factoring market (more…)

#acquisition#bank


The Better Payment Practice Group launches DiAgnostic questionnaire to...

The Better Payment Practice Group (BPPG) has added a new diagnostic questionnaire to (more…)

#bankruptcy#cash-flow#insolvency


Finance Credit boss pleads guilty to fraud charges

Torgeir Stensrud, one of the founders of the scandal-ridden Finance Credit collection agency, claimed (more…)

#banks#MAN


Ministry in measures to keep SMEs afloat

The Small Business Credit Guarantee Trust (SBCGT) has paid the claims of 171 small- and medium-sized enterprises (SMEs) which failed…

#guarantees#small business#smes


Spanish company buys Swiss Re holding in Atradius

A Spanish insurance group today announced that it has bought Atradius shares for (more…)


Absa launches R30m SME fund

Banking group Absa has announced it is establishing a R30m Small Business Fund to provide finance for entrepreneurs who (more…)


Central bank cuts base rate

Hungary's Monetary Council has cut the central bank base rate by (more…)

#bank#Two

Bancуldex is on a track to reach SME lending...

Colombia's state-owned export development bank Bancóldex is on track to reach its goal of pesos (more…)

#bank#small businesses#SME financing

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