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The U.S. Treasury Department on Thursday pledged to provide up to $5 billion in financing support to auto suppliers to help them survive a massive downturn in car sales. (more…)
#guarantees#liquidity#receivables
The announcement that the cabinet has agreed to release 20bn to ease frozen credit lines sounds great in theory but…
#bank#IGF#liquidity
During 2008 the UK's asset based lending industry far exceeded expectations, and at the end of the year was advancing…
#asset based finance#invoice#liquidity
Two US factors have refused to provide funding to Barneys after claiming that the comapny is providing insufficient information on its…
#credit risk#funding#liquidity
The Thai Finance Minister has announced that he will seek Cabinet approval for a plan to borrow €6bn from domestic and…
#Asian Development Bank#bank#exporters
The country's major banks have reached an agreement to provide up to 700 billion Korean Won in fresh loans to cash-strapped SMEs…
#bank#banks#liquidity
Bank of America Business Capital announced it provided a $65m asset-based loan to Midland Paper Company (more…)
#bank#Bank of America#liquidity
Credit take-up is likely to increase in the coming months following the Reserve Bank of India's measures to ease liquidity (more…)
#ABN AMRO#bank#interest rates
Factoring is a relatively new form of financing in Mauritus, but with the credit crunch spreading, Enterprise Mauritius feel confident…
#bank#cash-flow#liquidity
The Forum of Private Business believes that the banking sector should be put under more pressure based upon what its…
#forum#liquidity#NatWest
Bulgarian business is showing increasing interest in the services of factoring companies. (more…)
#banks#crisis#liquidity
Industry body Assocham asked the government to bring down taxes such as corporate and service tax to boost the demand…
#banks#Boost#inflation
In the current crisis one may think an upsurge might be expected in the growing Hungarian factoring sector: That is…
#bank#crisis#DZ Bank