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United Capital – even the bad times are good

While some businesses struggle to stay afloat in the choppy economy, United Capital Funding is profiting from the storm. The Florida-based company was formed in 1996 and specialises in factoring accounts receivables The US$8m to US$10m that United Capital factors...

#bad debts#bank#financial services

Desarrollo studies factoring acquisition

Chilean bank Banco del Desarrollo is considering the acquisition of a factoring agency aimed at complementing its services to the…

#bank#Credit Agricole#small businesses


IFCT has 12 weeks to develop bank plan –...

The Industrial Finance Corporation (IFCT) has been given three months to complete a study on ways to transform the special-purpose…

#bank#financial institution#management


Coface can take the risk out of trading

By merely presenting a prospective partner's business card to Coface Services (Thailand) Co Ltd, an exporter can get an idea…

#bank#exporters#guarantees


Banco del Desarrollo eyes factoring company

Banco del Desarrollo is considering buying a factoring company. The decision follows the bank's recent acquisition of Banco Sudameris from…

#acquisition#bank


ECGD backs UK exporter in Brazilian Air Force deals

The Export Credits Guarantee Department (ECGD) is backing a British exporter who has won business worth Ј22 million to supply…

#Amazon#bank#bank loan


World Bank approves US$225m for development of African SMEs

The World Bank Group has approved US$225 million for the growth and development of small- and medium-scale enterprises (SMEs). The…

#bank#international#management


Judge says husband, wife executives of development firm guilty...

Citing the details of trial documents and witnesses' testimony, a federal judge declared on Friday (11 July) that the husband-and-wife…

#bank#Clear#Jobs


Crestmark Bank expands its invoice financing resources in Chicago...

Crestmark Bank has introduced Tim R. Bruckner as a new vice president (VP) and regional manager. Bruckner will be working…

#bank#financial services#invoice


Gerling NCM shows post-tax loss for 2002

Gerling NCM Credit and Finance, the German credit insurance company, has reported a post-tax loss of Ђ75.1m for 2002, compared…

#bank#Deutsche Bank#insurance


Banca Comerciala Romana achieve 180% increase in factoring volume...

Banca Comerciala Romana (BCR), the country’s largest state-owned bank and leader in the Romanian factoring market, recorded in the first…

#bank#international#Unicredit


Secretariat of Tourism launches support for SME sector

With the backing of the Economy Secretariat, Nacional Financiera (Nafin) and the commercial banking sector, the Secretariat of Tourism (Sectur)…

#bank#economy#investments

UTI plans to focus on SMEs – HDFC enters...

With top corporates demanding low rates on loans and margins nowadays being wafer-thin, new generation UTI Bank is planning to…

#bank#financial institution#guarantees

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