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Fortis Lease launches five-year plan

Fortis Lease plans that, by 2008, it will have a subsidiary in every country where there is a Business Centre of Fortis Bank. Its customers will therefore gain the full benefit of Fortis Lease’s network and its relationship with Fortis...

Help for unsecured creditors 'a token gesture'

A shake-up in the insolvency regime aimed at helping unsecured creditors will amount to little more than a token gesture,…


Hall Kinion announces completion of new receivables-based credit facility

Hall, Kinion & Associates, Inc. (Nasdaq: HAKI), The Talent Source®, announced today that it signed an agreement for a $16.0…


Factoring companies foresee growth in 2003

The 11 factoring companies belonging to Mexican factoring association AMEFAC expect that their monthly credit operations in 2003 will exceed…

#factoring industry#Two


Mobile operator raises US$530m including credit insurance provided by...

Cell C had raised $530 million (about R4.2 billion) to expand its network through a project finance deal arranged by…

#bank#SACE#trade


Bajaj Allianz to enter credit insurance business

Bajaj Allianz General Insurance Company Ltd is planning to get into the credit insurance business, an area dominated by the…

#Allianz#exporters#guarantee


Ashok Leyland Finance raises Rs 1bn from mutual funds...

Ashok Leyland Finance has raised Rs 1 billion by securitising some of its receivables from hire-purchase schemes and loans for…


Johannesburg Securities Exchange to target listing of small- to...

The Johannesburg Securities Exchange (JSE) yesterday moved to promote black-owned companies by announcing plans to launch Africa's first alternative exchange…

#Boost#economy#smes


Small firms dominate economy but struggle with a lack...

Small enterprises dominate the Polish economy, constituting more than 99% of all active companies. According to a report on the…


iBX Group buys NursesSTAT™ to integrate healthcare staffing and...

iBX Group, Inc., (OTC Bulletin Board: IBXG) announced today that it has finalized the acquisition of NursesSTAT™, a leading-edge medical…

#acquisition#cash-flow


African multilateral import and export credit insurance agency to...

Creditors exporting to African property companies will be insured for the first time against terrorist attacks. The African Trade Insurance…

#export credit insurance#funding#international


SMEs optimistic about business in the latest Bank of...

· Four out of five owner-managers believe their business will be better off or remain the same in the next…

Stronger exports boost trade insurance demand

Stronger exports in Argentina have boosted the demand for trade insurance, which is likely to grow between 20% and 30%…

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