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A dynamic third quarter for Euler Hermes and solid growth in net profit at the end of September 2007. Operating profit reached 33.3% with 491m and net profit 51.6% with 360m. (more…)
#3M#management#receivables
CIT Group Inc., has announced the expansion of its global vendor financing relationship with Microsoft Corp. into the US and…
Standard Chartered Bank plans to introduce an agricultural financing scheme next year to assist SMEs. (more…)
#bank#risks#smes
The 39th FCI Annual Meeting in Santiago, Chile was attended by a record number of delegates from 144 companies and 53…
#awards#bank#commercial finance
On October 30, the Asia Europe SME Ministerial Meeting opened in the Great Hall of the People in Beijing. (more…)
Adrian Spurling from GE Commercial Finance talks to Roopi Makkar about the impact in Europe, of the Securitisation Lite Program. (more…)
#bank#commercial finance#receivables
Indications show that interest by SMEs in funding from the EU sponsored fund will far exceed the approved allocated budget…
Letters of credit are a dominant method for managing trade but other methods such as account deals are growing rapidly, according to a…
Landsbanki Commercial Finance, has provided Industrial Acoustics Company with a $20 million asset based funding facility. (more…)
Research by the London Business School shows that despite the massive increase in the utilisation of receivables financing the use of…
#Atradius#invoice#management
A mid-term SME policy review from the EU Commission said that over the past two years SMEs have been the main driver of…
#European Commission#innovation#Jobs
GE has established a receivables Securitisation Lite program with European subsidiaries of Dana Corporation. (more…)
#business finance#commercial finance#receivables
As the credit crunch continues to create ripples across financial markets, how can factoring take advantage of the current situation?…
#bank#Bank of England#commercial finance