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Small business lending in South Florida took a hit during the third quarter as lenders clamped down in the wake of the subprime fiasco and the economy continued to sputter. (more…)
#commercial lending#guarantees#small business
R3, the UK s leading insolvency trade association welcomes David Cameron's suggestion of examining the American Chapter 11 system but…
#insolvency#management#R3
The Regent Group have been given associate membership to the Debtor Finance Committee of The South African Banking Association. (more…)
#bank#invoice#supply chain finance
In the last few months the volume of bad business debts that are more than 60 days overdue has doubled.…
#bank#economy#Nordea
On the back of a period of continued growth, invoice discounting and factoring provider, Ultimate Finance has opened a new…
#i#international#international factoring
Textron Financial Corporation, a Textron Inc. company, announced that it has added Troy Murray as vice president and national sales…
#leadership#leasing#Vice president
Only 40 per cent of the SMEs have access to banking and other financial institutions. (more…)
#bank#international#SME financing
Euler Hermes, a credit insurer and member of the Allianz Group, has signed a cooperation agreement with Qatar Insurance Company…
#Allianz#receivables#reinsurance
Landsbanki Commercial Finance (LCF) - the global asset based lender and leveraged finance provider has provided B3 Cable Solutions Group…
#acquisition#commercial finance#funding
Hill Station Plc., manufacturer of premium branded and private-label ice creams, said its sales in April and May were significantly…
#3M#interest#invoice
First Chicago Bank Trust announced that a group of five former ABN AMRO/LaSalle Bank executives led by John Littrell has…
#ABN AMRO#bank#CIT
Martin Monico has announced that he will sell Netherford Factors to Debut Art Ltd. (more…)
#acquisition#WHO
Leading fraud protection expert, Equifax, is urging businesses to be vigilant against fake businesses that target suppliers, ordering thousands of…
#bank#confirming#risk