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Securitisation is a viable funding method for small finance companies because their advances generally match banks' requirements towards priority sector lending, said Mr N. Sampath Kumar, executive director (Finance), Ashok Leyland Finance. At a meeting organised by the South India...
#banks#funding#investment
State-owned Hungarian Development Bank (MFB) recorded a net income of HUF6.14 bn (US$27.4 m) in 2003, according to the company's…
#bank#funding#interest rate
Venture capital (VC) backed private companies represent a target market for factors. Many VC financings are accompanied by invoice finance.…
#economy#funding#invoice
FactorHelp announced that a 20-year veteran in the factoring and small asset-based lending (ABL) industries, Thomas G. Siska, has joined…
#commercial finance#funding#Vice president
Industry experts have observed that foreign venture capital (VC) worth US$1.5-2.0 bn (Rs 10,000 crore) from Sidbi's SSI Fund will…
#bank#Boost#forum
The Ministry of Small and Medium Enterprises Development (SMED) has mobilised $12 billion for on-lending to small- and medium-scale enterprises…
#bank#funding#management
More businesses are borrowing using asset-based lending (ABL), according to new statistics from Lloyds TSB Commercial Finance. The company increased…
#commercial finance#funding#invoice
HSBC Invoice Finance (UK) Limited has reported profits before-tax of Ј59.69m for the year ending 31 December 2003, an increase…
#bank#funding#invoice
GE Commercial Finance, the business-to-business financial services unit of General Electric, announced yesterday that it has completed the acquisition of…
#acquisition#commercial finance#financial services
An Ј8 million refinancing deal, including Ј3.5 million provided by GE Commercial Finance, (GECF) has enabled St. Helen’s-based Delta Fluid…
#acquisition#commercial finance#funding
A flagship funding programme aimed at supporting the expansion of small and medium-sized enterprises has been given the green light…
#AIG#funding#i
Figures announced last month by the Recruitment and Employment Confederation (REC), the trade body for employment agencies in the UK,…
#British business#cash-flow#commercial finance
The Finance & Leasing Association (FLA) has published a report that highlights the economic impact of the government’s corporation tax…