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German credit insurer Euler Hermes, a unit of insurer Allianz, has launched its online tool Group Eolis to serve Latin American customers. (more…)
#Allianz#guarantees#insurance
Factors Chain International (FCI) has announced the creation of a comprehensive 80-page Guide to the Establishment of a Factoring Operation.…
#banks#Executive Committee#international
Turnover of Swiss factoring companies rose in 2007 by 26 % to CHF4,1 bn. (more…)
#international#receivables
Squire, Sanders Dempsey has advised Landsbanki Commercial on its provision of a 25m credit facility to Cheval Finance Limited. (more…)
#asset-based lender#banks#commercial finance
The German Federal Supreme Court allayed concerns that a global assignment would not survive the insolvency of the respective originator.…
#assignment#insolvency#receivables
Bibby Financial Services has announced the appointment of Stewart Chesters as Chief Executive Officer for the North American division. (more…)
#financial services#funding#international
Platinum Funding Group announced a recent decision by Judge Shira A. Scheindlin of the Southern District of New York in…
#funding#investments#Letters of Credit
CIT, a leading global commercial finance company, announced today that it will record several items in connection with its fourth…
#CIT#commercial finance#conference
Specialty lending company Gemino Healthcare Finance provided funding to 12 diverse health care industry companies. (more…)
#banks#funding#receivables
Hennessey Capital, a Huntington Woods-based specialty finance company, has announced completion of some financing agreements. (more…)
#receivables#security
The French global player Coface and the Hungarian Export Credit Agency MEHIB have concluded a co-operation agreement for the Hungarian…
#debt collection#exporters#international
Bank of America Business Capital announced it provided a US$75m senior secured credit facility to Bibby Financial Services. (more…)
#bank#financial services#management
The Receivables Exchange announced Porter Capital has partnered with the company. (more…)
#funding#leasing#Porter Capital