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Tembec Industries Inc. announced that it has put in place a new working capital loan facility with CIT Business Credit Canada Inc. (CIT), the Canadian asset-based lending unit of CIBC World Markets and CIT Group Inc. Owned equally by CIBC...
#CIBC#CIT#liquidity
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
A UK market leader in asset-based lending, Lloyds TSB Commercial Finance (LTSBCF) is using the Professional and Financial Services Edition…
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
Heller Bank is one of the top factoring banks - nationally and internationally, with a reputation as one of the…
Three of the world’s largest technology companies have teamed up with the European Union to help smaller businesses get access…
A new international agreement on banks' capital adequacy is unlikely to sharply cut their lending to smaller companies, South Korea's…
#bank#banks#international
Due to sheer volumes, most of the emphasis seen in banking-related journals tends to concentrate on pure payments processing (sometimes…
#cash management#guarantees#international
The Better Payment Practice Group (BPPG) has announced that Richard Wilson, head of Business Policy at the Institute of Directors,…
One of the country’s largest financial service providers, Cleveland-based National City Corp., is opening its first corporate banking office in…
#commercial lending#international#leasing
The Dalian Branch of the Export-Import Bank of China (China EXIM Bank), the only export-orientated policy bank in China, will…
Factoring firm Ultimate Finance promised further growth after clocking up 79 per cent sales increase in the second half of…
A Glasgow-headquartered credit and political risk insurance broker has bought an English rival to become the largest non-quoted credit and…