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New York firm to buy Regions' Capital Factors

Capital Factors has found a buyer, following two years that included a lawsuit against a customer and a sale of its parent. (more…)

#factoring industry#i#investment

Monitoring of loans to increase

The local financial authority will strengthen monitoring for loans to SMEs. (more…)

#bank#banks#risk


SMEs shown how to grow at the Ideal Business...

Entrepreneurs, owners and decision-makers in small and medium sized businesses will be offered a series of inspirational and practical seminars…

#MAN#small business#smes


Export credit risk premium to drop 10% in August

ECGC has decided to reduce premiums by 10% from August. Although the rate of reduction would vary from country to…

#credit risk#exporters#guarantee


Dresdner Factoring to register loss for 2007

Dresdner Factoring is anticipating a loss for 2007. The company expects to be in the black for the second half…

#management#WHO


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


International Assets reaches USD1bn under management, launches trade finance...

International Assets Holding Corporation (the Company ) announced that its assets under management now exceed US$1bn. The total assets under…

#international#management#risk


Commercial banks jockey for loans to SMEs

Some banks have cut their profit margins on loans to small- and medium-sized enterprises (SMEs) in the face of strong…

#bank#banks#smes


Canam Credit CEO drives acquisitions

This month, Canam Credit Company Inc. has made two significant moves. It announced its acquisition of Canada Debt Assistance (CDA)…

#acquisition#banks#insurance


CGTSI can help small-scale entrepreneurs

The Chief Secretary, Mr J P Singh said that the Credit Guarantee Fund Trust for Small Industries (CGTSI), an undertaking…

#bank#guarantee#SME financing


Debt Resolve to Acquire Creditors Interchange for USD64m

Debt Resolve, Inc. announced it has entered into a definitive agreement to acquire Creditors Interchange Receivables Management, LLC (Creditors Interchange),…

#acquisition#management#platforms


MCA to set up centre to assist SMEs

The MCA will set up a small- and medium-sized enterprises (SME) Financing and Resource Facilitating Centre to provide industry players…

#bank#conference#funding

Experian Warns of Industrialisation of Identity Fraud

...credit and store card issuers accounted for approximately 28 per cent of the total financial losses, at an average cost…

#financial services#frauds#international

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