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Perry Capital to acquire Capital Factors and Capital Tempfunds

Perry Capital LLC, an investment management firm with approximately US$11bn under management has reached agreement to acquire the business and assets of Capital Factors, Inc. and Capital Tempfunds, Inc. from the Union Planters Bank, N.A., division of Regions Financial Corporation....

#bank#commercial finance#international

R.G. Barry Corporation secures new financing from CIT

R.G. Barry Corporation has entered into a new US$35m committed asset-based lending agreement (ABL facility) with CIT Commercial Services, a…


How do Europe’s 8th Directive and Sarbanes-Oxley compare

It is sometimes hard to remember that only a few years ago auditing was seen as a rather dull, if…


Bridging the equity gap still a headache for small...

Investors are getting more choosy, but Rachel Bridge and Andrew Stone explain that there are still funding options out there.…


SME Bill plans to increase investment limit to Rs...

The government will raise the investment limit for small scale units from Rs 1 crore to Rs 5 crore in…


Corporate Strategies launches new service to work with invoice...

Corporate Strategies, the national turnaround specialist, has launched a new service dedicated to working with invoice finance providers to deliver…

#economy#factoring industry#invoice


Commerce ministry urged to rejuvenate PEFGA

President Union of Small & Medium Enterprises (UNISAME) Zulfikar Thaver said the Ministry of Commerce should rejuvenate Pakistan Export Finance…

#exporters#guarantees#international


Alliance Trade Finance increase pre-tax profit fivefold in 2003-04

Alliance Trade Finance Limited, the London-based transaction-based finance provider, has announced a pre-tax profit of Ј267,383 for the year to…

#insurance#invoice#management


Bibby Financial Services welcomes industry face to the group

Bibby Financial Services, a global provider of business cash flow solutions, has announced today the signing of well-known industry face…


CIT Business Credit Canada acts as agent for new...

Tembec Industries Inc. announced that it has put in place a new working capital loan facility with CIT Business Credit…

#CIBC#CIT#liquidity


GE Commercial Finance appoints new Chief Marketing Officer

The Board of Directors of GE has approved the appointment of Tom M. Quindlen, as vice president and chief marketing…

#commercial finance#leasing#Vice president


Lloyds TSB Commercial Finance chooses OneSource business information to...

A UK market leader in asset-based lending, Lloyds TSB Commercial Finance (LTSBCF) is using the Professional and Financial Services Edition…

Coface aims for 20% export credit premium growth this...

The Chilean subsidiary of French credit insurer Coface is aiming to grow premiums by 20% this year on the back…

#3M#debt collection#export credit insurance

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