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EquiFin, Inc. yesterday announced that it has sold its factoring company, Equinox Factors, to Coast Capital Partners. The transaction will allow the company to discontinue unprofitable operations that could have an adverse effect on the company in the future and...
#interest#management#Two
Jean Laurent, chief executive of CrйditAgricole, France's biggest bank by assets, yesterday said it would hunt for acquisitions to strengthen…
#acquisition#bad debts#bank
Coface UK, a leading provider of credit solutions for business, has officially launched its Birmingham office as a new dedicated…
#management#risk
Industrial Bank of Korea, the nation's biggest lender to small companies, announced its plans to increase lending to these clients…
#bank#Boost#economy
Mexico's fourth largest bank HSBC Mexico has signed a small business financing agreement with the economy ministry and development fund…
According to foreign minister Natwar Singh, India is to pay special attention to Africa and will start economic co-operation. In…
#bank#conference#exports
A report on sources of export credit insurance, incentives and zones in South Africa. To read the full report go…
#export credit insurance#insurance
The majority of South Korea's export-oriented small- and medium-sized enterprises (SMEs) are suffering from worsened profitability due to the Korean…
Today, Venture Finance becomes the first asset-based lender to launch an automatic additional finance facility for its invoice finance clients.…
#asset-based lender#cash-flow#Funding Options
On the face of it, there is little to suggest France is experiencing the surge in entrepreneurship that Europe needs…
CIT announced the appointment of Walter J. Owens as executive vice president, chief sales and marketing officer. In this newly…
#assignment#CIT#commercial finance
South Korean banks remained reluctant to make loans to small- and medium-sized enterprises (SMEs) in February despite emerging signs of…
XRG Inc., a provider of a wide range of truckload freight services in the US, has announced that it had…
#bank#cash-flow#funding