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Vakyfbank launches interest-free SME lending

State-owned Vakyfbank has unveiled a new lending programme for small- and medium-sized enterprises (SMEs), under which it plans to (more…)

#bank#interest rate#risk

Factoring volume up 30 per cent in H1 2005

The number of business transactions undertaken by factors belonging to the Slovak factoring association rose by 30 per cent and…

#3M#bank#receivables


Maryland asset-based financier to take on REIT status

Commercial finance company and CFA member CapitalSource Inc. will elect REIT status with the aim of (more…)

#cash-flow#commercial finance#corporate finance


Royal Bank provides asset-based finance for mines’ working capital

Pine Valley Mining Corporation has announced that it has completed a revolving working capital credit facility with Royal Bank Asset…

#asset based finance#bank#debt financing


Wells Fargo Business Credit provides working capital financing for...

With acquisition and working capital financing provided by Wells Fargo Business Credit (more…)


Central Bank raises interest rates

Today Hong Kong's central bank raised the basic interest rate at which local banks borrow money, by (more…)


‘No Comment’ on Dexia – Fortis

Reacting to recent press comment on possible contacts between Fortis and Dexia, the financial services provider has issued the following…


SME credit information now available online

The SME Credit Bureau, an online database of local enterprises and their credit history, has been launched, enabling companies and…


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

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