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Spectrum has changed its $1.5bn line of credit into an asset-based credit line, with inventory and receivables in the U.S.-based companies as collateral. If Spectrum Brands' finances deteriorate further this enhances the security of lenders to get something back. (more…)
#bank#interest rates#management
SME Bank aims to grant loans of Bt31.5bn this year, up from Bt20bn last year. Due to the economic slowdown, commercial…
#bank#exports#smes
First Community Bancorp has acquired Business Finance Capital Corporation (BFCC), a commercial finance company, for US$35m. (more…)
#bank#business finance#commercial finance
China Development Bank (CDB) will offer more loans to support the development of small- and medium-sized enterprises (SME) this year.…
#bank#guarantee#smes
Ariba, Inc., a spend management solutions provider, announced that it will team with Orbian, a pioneer in supply chain financing,…
#bank#management#purchase order
Some banks have cut their profit margins on loans to small- and medium-sized enterprises (SMEs) in the face of strong…
#bank#banks#smes
First Business Capital Corp., a member of the First Business Financial Services, Inc. family of companies, is pleased to announce…
#financial services#Vice president
ECredit, a leading provider of online solutions for credit and collections professionals, has announced that the WinWholesale Group of Companies,…
#automation#Commercial Credit#credit scoring
Situated near the centre of the Mediterranean, Malta has a long tradition of international trade, business, manufacturing and servicing that…
#bank#international#International Trade
Massive shifts in the asset-based lending industry make it far from clear how lenders will fare during the next economic…
#commercial finance#recession#risk
SunGard has announced that Input/Output, Inc., a leading technology-focused seismic solutions provider for the global oil and gas industry, has…
#financial services#liquidity#management
Ariba, Inc. announce the release of Ariba Supplier Network (TM) 44, with advanced discount management and RFX functionality that enables buyers…
#invoice#management#purchase order
BNbank, BNkreditt, Glitnir Bank ASA, Glitnir Factoring and BNbank's ownership in Norsk Privatokonomi will be part of Bjornsen's unit. Bjornsen…
#bank#banks#management