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PFSweb, Inc. today announced the renewal of its EUR7.5m factoring agreement with Fortis, along with deals to secure USD32.5m in credit facilities from Wachovia (more…)
#bank#commercial finance#international
This morning's cabinet meeting has approved plans to reallocate EUR973.5m in order to help stabilize Hungary's SME sector (more…)
#conference#crisis#funding
In its new paper LIBOR's governing body set out how this key indicator of the cost of borrowing is calculated…
#bank#Bank of England#banks
The principal of a Colorado-based shipping firm has been charged with two counts of felony theft for allegedly defrauding a local…
#funding#leasing#Two
The number of companies going insolvent is set to rise at an annual rate in excess of 25% for the…
#insolvencies#insolvency#Two
Firms have reported steep falls in business volumes and profitability, as well as plans to scale back employment and investment.…
#economy#investment#recession
Over the first nine months of 2008 Crédit Agricole S.A. registered 16% growth in factoring (more…)
#Credit Agricole#economy#receivables
In H1 2008, Eurokommerz maintained its leadership in the Russian factoring market, according to Expert Rating Agency's research published today…
#banks#leadership#Two
KEMET Corp. said it entered into new medium-term credit facility for EUR60m with UniCredit Corporate Banking S.p.A. (more…)
#Corporate banking#Two#Unicredit
The Chinese Ministry of Finance (MOF) said on Monday that it would provide capital support for domestic SMEs (more…)
#3M#guarantee#Produce
The Vietnam Import-Export Bank (Eximbank) has decided to pour an additional VND3tn (EUR126.18m) in providing credit support for importers and…
#bank#exporters#interest
Wachovia Capital Finance of Canada has taken the first steps to putting its Canadian activities up for sale. (more…)
#ABN AMRO#bank#Two
US based Liquid Capital have closed two factoring facilities with a combined value of USD$300,000. (more…)
#Two