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FDA elects vice chairman

The new vice chairman will take up the position at The Factors Discounters Association (FDA) from 1 July (more…)

Facteon, Inc. creates weblog on factoring for small business...

Facteon Inc., an invoice factoring company based in Atlanta, Georgia, has created a weblog (blog) on accounts receivables factoring (more…)


Small business numbers reach 53,365 in June

Gulfairuz Kassymova, deputy director of the business and industry department of Almaty akimat (regional government), announced (more…)

#small business#small businesses


Rockland Credit Finance acquires bankrupt factor’s portfolio

Owings Mills-based Rockland Credit Finance, an asset-based lender and factoring company, has acquired a portfolio worth more than (more…)


Deal solidifies GE’s position as European factoring leader

GE Commercial Finance, the business- to-business financing unit of General Electric, has completed the acquisition of Heller Bank AG, one…

#bank#commercial finance#financial services


Bridge provides 5 year US$25 million secured debt financing

The lenders have agreed to provide a US$25 million five-year term loan facility to (more…)


Bancoldex announces SME loan package for Bogota district

Colombia's state-owned export development bank Banco de Comercio Exterior de Colombia (Bancoldex) is offering a loan package for small- and…

#bank#banks#financial institutions


Persia International Bank implements Surecomp’s IBSnet

Surecomp, a leading provider of trade finance solutions for the wholesale banking industry, has announced that London-headquartered Persia International Bank…

#bank#financial services#guarantees


J P Morgan Chase to establish European asset-based lending...

J P Morgan Chase has announced that it has hired two executives to set up an asset-based lending division in Europe…


CIT Small Business Outlook reaffirms small business sector resilience

Nearly 70 per cent of small businesses have performed well over the past 12 months, in comparison with the US…

#CIT#economy#small business


Japanese Bank finalising US$250m loan to SME Bank Thailand

The Japan Bank for International Co-operation (JBIC) is finalising a loan to the SMEs Bank, a state-owned bank that lends…

#bank#interest rates#international


Bank of America buys strategic stake in China Construction...

Bank of America Corporation today announced a definitive agreement to buy approximately 9 per cent of the stock of China…

#bank#international#management

ING books Ђ40m capital gain after restructuring of GE...

ING Group NV said that, after completing the restructuring of its finance joint venture with General Electric Commercial Finance and…

#commercial finance#ING#international

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