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Complete financing solution for UK importers launched

GMAC Commercial Finance plc (GMAC CF) and Bank Leumi (UK) plc have launched new finance packages for UK importers, Total Import Finance, enabling them to fund each stage of the import process from product purchase to invoice collection. Total Import...

Experian enhances anti-money laundering offering

Experian®, the global business solutions company, has secured exclusive rights to online sanctions and enforcement data, provided by Complinet, to…


CSOB obtains EIB loan for business investment

Ceskoslovenska Obchodni Banka (CSOB) and its subsidiary CSOB Leasing have received a loan of Ђ50m (CZK 1.6 bn) from the…

#bank#investment#leasing


Late payment legislation viewed as a deterrent by businesses

Research conducted by the Better Payment Practice Group (BPPG) during October indicates that the overwhelming perception of the Late Payment…

#Clear#interest#late payment


USDA offers supplier credit guarantees for export sales to...

The US Department of Agriculture (USDA) has authorized US$75 million in supplier credit guarantees for sales of US agricultural commodities…

#exporters#exports#guarantee


Bail granted to bank fraud executives

A judge granted bail to two brothers accused of defrauding a Portuguese bank branch out of $170 million that was…

#bank#Paid#risks


STB sets aside funds from profits for SMEs

Standard Trust Bank (STB) has set aside over N600 million of its profits for small- and medium-sized enterprises (SMEs) development…


SME sentiment indicator tumbles in November

The BPLG/AFP indicator of sentiment in the French small- and medium-sized business (SME) sector fell to 10 in November from…

#investments


New factoring joint venture

Natexis Factorem, the factoring unit of French banking group Natexis Banques Populaires, has acquired a 51 per cent stake in…


KfW's export and project finance division to become an...

Today KfW IPEX-Bank presented its business model to the public for the first time. A transitional period will begin on…


Bibby extends US presence

Leading business finance firm Bibby Financial Services is extending its reach in the US with the acquisition of Los Angeles-based…

#business finance#financial services#international


Credit insurance help for UK exporters to Iraq

UK exporters who want to take part in the reconstruction of Iraq are set to benefit from short-term cover offered…

State loan safety net for small firms in crisis

The government will soon have to tread a fine line between heeding small firms' calls to expand its loan guarantee…

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