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Sidbi shifts focus to concentrate on SME cluster lending

Sidbi, the apex refinancing institution for the small-scale sector, is set to expand its direct lending... (more…)

#bank#bonds#capital requirements

Citigroup Vietnam launches new product

Citigroup Vietnam introduced its new product, Accounts Receivable Finance... (more…)

#AR#bank#invoice


CIT provides US$125m factoring and revolving credit line as...

CIT will provide a committed factoring line of up to (more…)

#bankruptcy#CIT#working capital


Royal Bank provides asset-based finance for mines’ working capital

Pine Valley Mining Corporation has announced that it has completed a revolving working capital credit facility with Royal Bank Asset…

#asset based finance#bank#debt financing


Ministry in measures to keep SMEs afloat

The Small Business Credit Guarantee Trust (SBCGT) has paid the claims of 171 small- and medium-sized enterprises (SMEs) which failed…

#guarantees#small business#smes


Competition Authority report proposes better banking terms for SMEs

The Competition Authority will this week put forward recommendations on making it easier for businesses to (more…)

#bank#financial institution#interest rates


$25 Million Commitment from United Capital Funding Corp. for...

United Capital Funding Corp., a St. Petersburg, Florida Commercial Accounts Receivable funding firm announced today that it has pledged a…

#bank#conference#management


International factoring operations to grow 60% in 2005

Chile's factoring industry will expand international operations by more than 60% in 2005 due to (more…)

#bank#exporters#international


Taageer Finance announces IPO date

Taageer Finance, Oman's youngest leasing and finance company, is entering the capital market with an initial public offering (IPO) of…

#bank#banks#Paid


Santander Santiago seeks 25% factoring market share

Chile's largest bank, Banco Santander Santiago, expects to increase its share of the factoring market to 25% from (more…)

#Banco Santander#bank#factoring industry


GE Commercial Finance provides funding for technology merger

Using a customised financial solution from GE Commercial Finance (more…)

#commercial finance#funding#Vice president


GETPAID Delivers Next Generation Order-to-Cash Solution

The GETPAID Corporation unveiled its next generation software platform today at the Credit Research Foundation (CRF) conference. Capitalising on advancements…

#conference#credit risk#management

Bridge Bank provides US$6 million accounts receivable credit to...

Tripath Technology has secured an asset-based credit facility for US$6 million with Bridge Bank. The revolving credit facility has... (more…)

#bank#Bridge Bank#liquidity

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