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commercial lending

Higher audit threshold will not affect creditworthiness checks, says...

Experian®, the global business solutions company, has issued an assurance to banks, leasing companies and businesses that trade on credit that the raising of the audit requirement threshold to Ј5m turnover will not affect their ability to take proper precautions...

#Commercial Credit#commercial lending#management

GE Commercial Finance unit acquires leasing business

General Electric, the US conglomerate, yesterday agreed to acquire a large part of the equipment leasing business of IKON Office…

#acquisition#commercial finance#commercial lending


Maine Group to buy small Hyannis bank

The Banknorth Group of Maine announced plans on Tuesday to buy CCBT Financial Companies for $300 million in stock. Barring…

#bank#commercial lending#conference


HSBC loans to SMEs exceed expectations

HSBC assistant general manager and head of commercial banking Margaret Leung said the bank's loans to small- and medium-sized enterprises…

#bank#commercial lending#SME loans


GM finance arm considers suing Bank of New York...

Executives at GM Acceptance Corporation, the financial arm of General Motors, are considering suing Bank of New York (BoNY) in…

#bank#CIT#commercial finance


Banks snub SME loan programme of government, which now...

Leading Mexican banks Santander Serfin, Banco Bital and BBVA Bancomer have made only 30% of the 15,800 small business loans…

#BBVA#commercial lending#guarantees


Speciality lenders expect another hot year in asset based...

Asset-based lenders expect loan demand to remain strong in 2003, after a year that saw business surge as corporate borrowers…

#bank#commercial lending#management


Development bank to grow lending for SMEs in 2003;...

Chilean development bank Banco del Desarrollo aims to grow lending 8-10% next year, compared to this year's forecast 3.6% growth,…

#bank#commercial lending#Credit Agricole


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