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GMAC Commercial Finance’s (GMAC CF’s) Retail Finance Group announced the closing of a US$10 million fully-secured revolving credit facility to fund the ongoing working capital needs of J.L. Hammett Co. (Hammett), a speciality retailer to the educational marketplace. "We had...
#banks#commercial finance#financial services
Banco Espirito Santo International Ltd (BES) sued accounting firm BDO Seidman on Tuesday, alleging it "rubber-stamped ... obviously false financial…
#bank#factoring fraud#international
Last month, the Association of Corporate Treasurers (ACT) and its US and French equivalents published an exposure draft putting forward…
EquiFin, Inc. has reported revenues for the first quarter ended March 31, 2004 increased by 57.6% to US$643,000, compared to…
#acquisition#business finance#interest
With political uncertainty still hovering over the country, the Reserve Bank of India (RBI) yesterday left the bank rate and…
The Royal Bank of Scotland (RBS) Group in conjunction with Company Reporting Limited have published a major new economic study…
Equador's government is to introduce a new export loan insurance programme backed by French-based trade insurer Coface. State export promotion…
It’s a fact. The factoring industry here in Singapore is seeing fewer and larger players as the market for financing…
#bank#commercial finance#financial services
The State Bank of Pakistan (SBP) has designed a new long-term loaning scheme for small-and medium-sized enterprises to facilitate the…
GMAC Commercial Finance (GMAC CF) has restructured its senior management team in Europe. Phil Lammas has been promoted to UK…
#commercial finance#invoice#management
Small-and medium-sized enterprises (SMEs) with less than RM25m in annual turnover could soon have the option of raising money from…
#bank#banks#funding
Independent Growth Finance (IGF), the UK invoice discounter, is strengthening its sales team in London and the Southeast with the…
“From the end of 2006, in Malaysia's case from 2008, bankers' elitist image will be pushed further into history, joining…
#bank#platforms