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Equifax announces $125 million trade receivables financing facility

Equifax Inc. has announced the closing of a trade receivables-backed revolving credit facility. Under the terms of the transaction a wholly-owned subsidiary of Equifax may borrow up to $125 million, subject to borrowing base availability and other terms and conditions....

#bank#LIBOR#receivables financing

Asean endorses blueprint to promote SME development

The 10-member Association of SouthEast Asian Nations (Asean) has endorsed a 10-year blueprint to promote the development of small- and…

#conference#international#International Trade


Euler Hermes reaps the benefits of its cost savings

Euler Hermes, the French credit insurer, increased its net profit by 78 per cent in the first half of 2004,…


ES Bankest files malpractice suit against law firm over...

ES Bankest LC has filed a malpractice suit against the Florida law firm Gunster, Yoakley & Stewart P.A. and one…


BNR rate cuts percolate to commercial banks’ loans

Commercial banks are set to cut interest rates on loans in the coming weeks. Yet, the cut will only be…

#bank#banks#interest rate


Export growth slows as central bank keeps monetary policy...

Japan's economic recovery is "solid" but export growth is losing some steam, according to the government’s monthly report published this…


European Country Reports from the World Factoring Yearbook 2004

Subscribers to factorscan can now read the Country Reports from the forthcoming edition of the World Factoring Yearbook 2004.

#World Factoring Yearbook


BoE’s interest rate decision

The Bank of England left its main interest rate unchanged at 4.75 per cent this week, in line with market…


Creating the perfect factoring package for SMEs ‘is an...

Getting the right finance deal for your company – big or small – demands creative solutions, according to a factoring…

#bank#credit protection#management


Commercial loans show net decline in August

Despite the Bank of Korea's key interest rate cut early last month, fewer commercial loans were provided than were repaid…

#bad debts#bank#banks


Waiting time for SMEs is over

The government said it would urgently promote measures designed to support small- and medium-sized enterprises (SMEs) with a view to…

#e-commerce#European Commission#guarantee


Loan securitisation scheme for SMEs

The Singapore government will launch a pilot loan securitisation scheme to help small- and medium-sized enterprises (SMEs) obtain adequate financing…

German factoring companies increase turnover

The 20 companies that make up the German factoring association increased their turnover by almost 25 per cent in the…

#German Factoring Association

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