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Atradius voted best trade credit insurer in trade finance

Atradius, the global credit insurance and credit management company, have been voted best trade credit insurer in trade finance by readers of Global Trade Review News. This is the second industry award for Atradius this year. In July, Atradius won...

SME development council to introduce incentives to improve access...

The National Small and Medium Enterprise Development Council has agreed to the introduction of an interest subsidy and securitisation of…

#bank#risk#securitisation


IGF and DCF announce merger timetable and new board...

Having completed a review of both the Independent Growth Finance (IGF) and Dynamic Commercial Finance (DCF) operations the board has…


Newtek signs letter of intent for 3 year loan...

Newtek Business Services, Inc. a provider of business services and financial products to the small- and medium-sized business market, today…


Decline in corporate failures slows but administration orders rise...

Over 12,000 limited companies have failed so far in 2004, a failure rate of 64 companies per day, according to…

#financial services#insolvency#insurance


NBP advocates cashflow-based lending to finance SMEs, will increase...

The National Bank of Pakistan (NBP) has found great potential for the growth of the small-and medium-sized enterprise (SME) sector…


Capstone Business Credit US$7.8m in factoring deal with Florida...

Capstone Business Credit has announced the signing of a one-year project financing agreement with Complete Flooring Supply Corporation, based in…


Exim Bank offers big loan for irrigation projects

Exim Bank of the United States (Exim Bank) has offered Rs. 4,000-Rs. 5,000 crores as loan assistance to the State…

#bank#Exim Bank#financial institutions


Rate hike hits export loans

Banks will charge 5 per cent maximum markup on export loans in December 2004. To May 2004 they were charging…


Merloni sells 40% stake in factoring unit

Merloni Elettrodomestici SpA said its board agreed yesterday to sell a 40% stake in the factoring company Faber Factor for…


World Bank announces development loan to improve SMEs’ access...

The World Bank has approved a US$120m loan to support the development of India's small-and medium-sized enterprises (SMEs). The loan…

#bank#management#risk management


Business insolvencies drop in 2004 – Euler Hermes

The wave of corporate insolvencies in Germany has ebbed somewhat in the course of this year but could rise again…

#insolvencies#insolvency#insurance

Wells Fargo factoring division adds to Texas business development...

Wells Fargo Business Credit’s factoring division has named Amy Cartwright as business development officer. Cartwright will provide an accounts receivable…

#Business Development Manager#financial institution#management

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