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Challenge Finance Ltd, the Sevenoaks-based invoice discounter, has reported a loss before tax of Ј568,599, compared to a loss of Ј198,515 in 2002. In the same period the company’s turnover fell by 13.25% to Ј620,906 (2002:Ј715,717). Challenge Finance is fully...
City Invoice Finance Ltd, the Manchester-based cash flow solutions company, has announced a pre-tax profit of Ј514,645 for the financial…
The Export-Import Bank of the United States (Ex-Im Bank) today approved a direct loan of up to US$70.2m to support…
The Export-Import Bank of the United States (Ex-Im Bank) today approved a US$400 m long-term loan guarantee to support the…
#bank#emerging markets#exporters
Mexico's largest development bank Nacional Financiero (Nafin) reported first half net income of 113m pesos (US$9.9m), compared to losses of…
#bank#banks#business finance
Ardaini & Associates has agreed to join the US Global Marketing Advisory Board, providing management consulting and commercial financing services.…
#bank#international#management
The banking sector channelled credits totalling Rp35.9 trillion to small-and medium- enterprises (SMEs) in the January-July period this year, Deputy…
The Commercial Bank of India LLC (CBI), a joint venture between public sector Canara Bank (BSE:CNBK) and State Bank of…
#bank#guarantees#SBI
MicroFinancial Incorporated (NYSE:MFI) announced today that it has arranged for a three year, US$30mn senior secured revolving line of credit…
#bank#CIT#CIT Commercial Services
Reserve Bank of India (RBI) has constituted a separate Sub-Committee under the State Level Bankers Committee (SLBC) called the Sub-Committee…
On 14 September members of East European Factoring Association gathered in the Baltic town of Vilnius, capital of Lithuania, for…
British exporters must do their homework before targeting new overseas markets or they could end up with slow paying customers…
#Atradius#bank#Deutsche Bank
S Kumars Nationwide Ltd (SKNL) is planning to repay its rupee debt by raising US$150m (close to Rs 700 crore…
#bank#cash-flow#guarantee