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SME acquires factoring business from Potential

SME Invoice Finance Limited (SME) has concluded the acquisition from Potential Finance Group PLC (Potential) of their factoring business, including (more…)

#acquisition#banks#invoice

IDB fund approves US$5m financing to promote factoring

The Inter-American Development Bank s (IDB s) Multilateral Investment Fund (MIF) is to provide lines of credit  to support a…

#bank#liquidity#risk


Restructuring professionals give thumbs down to Bankruptcy Code revisions

Just three months before enactment of the revised Bankruptcy Code, many corporate renewal professionals are still (more…)

#bank#Bank of America#liquidity


Minsheng Bank blazes new trials for financing export SMEs

China Minsheng Banking Corp. and China Export Credit Insurance Corporation (Sinosure) have signed an agreement on cooperation in (more…)


Smaller firms pessimistic about August outlook – survey

South Korea's small- and medium-sized businesses (SMEs) are pessimistic about their business outlook for August, due to continued (more…)


Commerce Asset to merge commercial bank and finance unit

Commerce Asset-Holding Bhd (CAHB) has proposed the merger of its commercial banking business with the finance business of (more…)


Capital Reach to raise funds to complete factoring and...

Capital Reach Holdings, the firm that took over Vanik Inc.'s leasing and factoring business, is scouting for (more…)

#leasing#management#working capital


Bank of America to merge commercial and investment divisions

Bank of America (BoA) says it will combine its commercial and investment banking divisions in an effort to sell more…

#bank#Bank of America#cash management


HSBC and ministry sign US$92m small business financing agreement

Mexico's fourth-largest banking group HSBC Mexico has signed an agreement with the economy ministry to provide 987m pesos (US$92.3m) in…


Revised Doha offer would allow enhanced foreign equity limits...

India has unveiled an ambitious market-opening offer in the banking, insurance and telecom services sectors at the World Trade Organization…

#global trade#leadership#management


Foundation on track to hit US$25m annual SME loan...

The Albanian lending institution for small businesses, the Besa Foundation, intends to extend US$25 million (€20.7 million) in loans this…

#bank#international#small businesses


Ted Ettershank talks to BCR’s Sandrine Lester on Lloyds...

 Ted Ettershank joined Lloyds TSB Commercial Finance as managing director in 1988 and he has been involved in the factoring…

#bank#commercial finance#invoice

Experian reports UK businesses hit by big increase in...

There has been a sharp increase in the number of limited businesses going bust, according to the latest insolvency report…

#cash-flow#insolvencies#insolvency

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