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Making credit easier for SMEs

Factoring is a relatively new form of financing in Mauritus, but with the credit crunch spreading, Enterprise Mauritius feel confident that it can help SMEs to increase cash flow and liquidity (more…)

#bank#cash-flow#liquidity

SBI to offer collateral-free loans to SMEs

State Bank of India today signed an agreement with Credit Guarantee Trust for Micro and Small Enterprises to offer collateral…

#bank#guarantee#SBI


TD Bank Financial Group to acquire the Asset Based...

TD Bank Financial Group (TDBFG) is pleased to announce it has signed a definitive agreement to acquire the Asset Based…

#ABN AMRO#bank#management


Brokers are more than introducers

Roopi Makkar speaks to director, Kevin Weaver, of Cashflow UK, a specialist brokerage in invoice discounting and factoring. (more…)

#bank#invoice#smes


State seizes trust over alleged loss of USD15m

A trust that handled investments for non-profit groups was taken over by the state of New Hampshire on Monday. (more…)

#insurance#investment#risk


Squire Sanders advises Landsbanki on asset-backed lending deal

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


SIDBI arm to guarantee SME loans

The Credit Guarantee Trust Fund for Micro and Small enterprises (CGTMSE), and the Government of India, has offered to guarantee…

#bank#banks#guarantee


Asset-backed securities sale gears up

The Chinese joint venture of GMAC, the financing unit of General Motors Corp, has gotten the go-ahead to be the…

#bank#Bank of China#liquidity


IBK 3Q profit dropped by higher provisions for bad...

Industrial Bank of Korea said third-quarter profit dropped by 19% on higher provisions against bad loans and one-time payments to…

#bank#economy#management


Perfect pitch – how to build strong relationships with...

When it comes to making an impression on potential new factoring clients you only have the one chance to make…

#invoice#MAN#receivables


Diamond Bank, Shell, GroFin float US$31m fund for SMEs

Diamond Bank Plc, Shell Petroleum Development Company and GroFin of South Africa, have concluded plans to float a US$31m [N4bn]…

#bank#economy#smes


Factoring favours Fortis in Q3

Fortis, the financial services provider, says growth in its commercial banking unit has been buoyed by speciality finances like factoring…

#financial services#global trade#management

FACT.pilot and SAP R/3: Advantages for factoring outlined

Here fidis, the factoring software specialist, outlines the pros of using FACT. pilot, a new product launched to offer factors…

#e-factoring#management#risk

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