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First Business launches factoring service

First Business Financial Services, Inc., has announced that, through its asset based lending company, First Business Capital Corp., it has entered the factoring business with the hiring of a team of three experienced factoring professionals. (more…)

#bank#financial services#management

DS-Concept Factoring opens Shanghai office with new VP

DS-Concept Factoring, Inc. has announced the official opening of a Shanghai Representative office with a new Vice President of Operations. (more…)

#commercial finance#International Trade#management


IFC and Bank Muscat sign agreement to improve SME...

The International Finance Corporation (IFC) and Bank Muscat have signed an agreement that will make it easier for SMEs in…

#bank#international#SME financing


TCI Oilfield Factoring introduces new factoring lines

TCI Oilfield Factoring, a US-based provider of oilfield factoring services, has released new Permian Basin factoring lines specifically designed for…

#international#invoice#TCI Business Capital


MFB gets EUR100m EIB loan for SME financing

The European Investment Bank (EIB) has provided a EUR100 million loan to the Hungarian Development Bank (MFB) to finance small…

#bank#economy#SME financing


Alfa bank to deliver EUR15 million working capital solution...

Alfa bank will provide Net Element with RUB600 million (EUR15 million) via factoring and a credit line. (more…)

#Alfa-Bank#bank#emerging markets


First Capital provides $12.75 million structured ABL facility

First Capital Provides asset-based credit facility to California TrusFrame, LLC. (more…)

#bank#commercial finance#Vice president


Growth, Crisis and African Trade Finance after the Arab...

 Dr. Okey Oramah, executive Vice President of Afreximbank gives BCR Factorscan his views on growth, crisis and African trade finance…

#bank#conference#international


Promsvyazbank releases H1 2012 results

Moscow-based Promsvyazbank has tripled its year-on-year profits and increased its total SME net loan portfolio in the first half of 2012.…

#bank#risks#Vice president


IFC appoint new CEO

The International Finance Corporation (IFC), a member of the World Bank Group, has appointed Jin-Yong Cai as its new Executive…

#bank#financial services#international


Promsvyazbank strengthens SME finance team

Promsvyazbank has promoted Kirill Tikhonov to Vice-President, Small and Medium enterprises business. (more…)

#bank#management#small business


EBRD signs new EUR20m credit line with Turkiye Vakiflar...

The EBRD has provided a credit line in Turkish lira (TRL) equivalent of up to EUR20 million to Turkiye Vakiflar…

#risks#small business#SME financing

DS-Concept brings forfeiting of L/Cs to Bangladesh

DS-Concept Factoring GmbH, a specialist in International Trade Financing, now provides forfeiting of deferred Letters of Credit in Bangladesh. (more…)

#bank#exporters#international

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