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Florida-based commercial finance specialists, First Capital, have provided a US$16 million working line of credit to M.M. R., a New York-based apparel distributor. (more…)
#account receivables#bank#commercial finance
Citibank has launched a new web-based supply chain platform for 14 countries in Latin America. (more…)
#liquidity#payables#receivables
Florida-based Paragon Financial Group, Inc. has promoted Thomas Longo to Senior Vice President. (more…)
#Paragon#purchase order#receivables
The Michigan-based TriMas Corporation, a diversified manufacturer of engineered and applied products, has entered into an amendment of its accounts…
#bank#funding#LIBOR
HSBC has become the first foreign bank with license to offer Renminbi (RMB) products and services, including receivables finance, in…
#bank#financial institutions#international
The New York Stock Exchange (NYSE) has acquired a minority ownership in The Receivables Exchange (TRE) and will join with…
#receivables#smes
Ilya Pokamestov, Head of Factoring at VTB Factoring, discusses Russia s ban on the factoring of alcoholic produce. (more…)
#assignment#international#receivables
Finance brokers are failing to capitalise on recent growth in the receivables finance market, according to the Institute of Factors…
#bank#financial services#interest rates
Johannesburg-based Sappi Limited have successfully implemented a three year 360 million Trade Receivables Securitisation Programme (TRSP) for its non-South African…
#bank#receivables#receivables securitisation
New York-based Coral Capital Solutions (Coral Capital) announces it has funded a factoring deal with Washington-based Universal Management Solutions (UMS).…
#commercial finance#funding#management
Fitch Ratings has affirmed Tunisie Factoring's (TF) national long-term rating at 'BBB' and short-term rating at 'F3'; the outlook for…
#liquidity#management#receivables
Factorline, the Chilean receivables finance specialist, has announced the completion of its acquisition of a new stake in the bank…
#acquisition#bank#corporate finance
Global building materials company, CEMEX, has announced that it has successfully rolled-over its securitisation of accounts receivables programme in Mexico.…
#bonds#receivables#securitisation