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Lloyds TSB Commercial Finance profits up by 10%

Lloyds TSB Commercial Finance has reported a profit of Ј57 million for 2004, a ten per cent growth on the Ј52 million achieved in 2003. The UK asset-based lender also saw its income grow by ten per cent in the...

#asset-based lender#commercial finance#funding

Coface UK Receivables Finance has become the latest member...

Coface UK Receivables Finance, part of Coface UK, a leading provider of credit solutions for business, has become the latest…

#exporters#invoice#management


Factors Chain International released today the much awaited figures...

Fresh statistics indicate that the total volume for factoring increased in 2004 by 13%, measured in euros, or even 22%,…

#credit risk#exporters#international


CapitalSource provides US$95m asset-based loan to SETECH

CapitalSource announced that it has provided a US$95m revolving credit facility to SETECH, an integrated supply and inventory management services…

#management#working capital


CIT Business Credit Canada acts as agent for new...

Tembec Industries Inc. announced that it has put in place a new working capital loan facility with CIT Business Credit…

#CIBC#CIT#liquidity


Lakeland Bank establishes asset-based lending department

Roger Bosma, president and chief executive officer of Lakeland Bank is pleased to announce that the bank has established within…

#bank#commercial finance#management


State Bank approves financing for export oriented projects

Qasim Nawaz, joint director of State Bank of Pakistan said the modalities of long term financing for export-oriented projects at…

#bank#exports#smes


Siam City Bank targets small businesses

Siam City Bank introduced SCIB-S, a commercial loan product aimed at small businesses and entrepreneurs. Loans ranging from 300,000 to…

#bank#interest rates#small business


Ultimate Finance Group expects turnover to increase

Ultimate Finance Group expected to be in profit within the year as it unveiled a 79 per cent rise in…

#banks#invoice#working capital


SIDBI planning to acquire stake in commercial banks

Small Industries Development Bank of India (SIDBI) today said it is in talks with 3-4 commercial banks for stake, so…

#bank#banks#liquidity


UFJ Bank targets smaller firms with unsecured loans

In a move to bolster business with small- and medium-sized enterprises (SMEs), UFJ Bank plans to provide a total of…

#bank#bonds#smes


Hal Marshall-Led Group launches factoring company for truckers

An accomplished group of trucking industry veterans announced the formation of Advance Business Capital, the first and only freight bill…

#Bill#financial services#innovation

US Bank introduces “fees paid” SBA loan programme

US Bank has introduced a new "fees paid" SBA loan for small business customers utilizing the flagship 7(a) guaranteed loan…

#bank#financial services#small business

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