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CIT ups the ante with key commercial finance appointment

CIT Canada, a division of CIT Group, has announced the appointments of Mark Hart as chief sales officer and senior vice president for CIT Commercial Finance (more…)

#CIT#commercial finance#investment

GMAC CF provides debt refinancing for CompAir

The European Structured Finance group at GMAC Commercial Finance (GMAC CF) has provided a global senior secured loan to support…

#commercial finance#funding#investment


Davenham Group plc preliminary results

Davenham Group plc, a leading independent asset-based lender to the UK SME sector, has announced its preliminary results for the…

#3M#asset-based lender#interest


Manufacturing recovery fades – CBI

Momentum in the UK manufacturing sector faded over the past three months as overseas demand levelled out and the decline…

#exports#innovation#investment


New barometer shows small businesses booming

Small- and medium-sized enterprises (SMEs) which form the backbone of the Swiss economy are in robust condition, according to a…

#bank#economy#investment


ProCredit Bank receives syndicated loan for SMEs support

ProCredit Bank and Citibank Romania signed an agreement regarding a syndicated loan with a five-year maturity, to use in financing…

#bank#investment#smes


NAB business confidence index drops in Q3

In the September quarter a year earlier, the index stood at seven points before peaking at 11 points in the…

#bank#interest rate#interest rates


Yes Bank plans non-banking micro-finance company

Yes Bank plans to set up a micro-finance subsidiary in a joint venture with possibly two US-incorporated institutions with expertise…

#bank#corporate finance#investment


Bank of Shanghai supports Taiwan-funded firms with credit line

The Bank of Shanghai (BOS), a joint-stock commercial bank, has decided to provide a yuan 5bn credit line over the…

#bank#exports#investment


King Capital Corp. to expand asset-based lending

The King Capital Corporation announced that its board of directors has approved a plan to redirect the company's business activities.…

#financial services#international#investment


Eastern Wire issues suit against Siam General Factoring over...

Eastern Wire Plc (EWC) has taken legal action against Siam General Factoring Plc (SGF) on allegations of loan default involving…

#investment#Two


Stock Exchange warning over EWC-SGF potential deal

The Stock Exchange of Thailand has cautioned investors to consider carefully recent disclosures by Eastern Wire (EWC) and Siam General…

#account receivables#Clear#investment

FLA asset finance statistics show weak growth in Q2...

Second quarter results, released by the Finance Leasing Association for the asset finance industry, indicated weaker growth in new business,…

#funding#investment#leasing

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