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working capital

GMAC Commercial Finance approves US$45m factoring facility

GMAC Commercial Finance has approved a new US$45 million factoring facility for leading private label and private brand casual apparel group, Tarrant Apparel. Upon closing, this facility will replace the company's existing US$90 million revolving credit facility. The new US$45...

#capital requirements#commercial finance#management

Taageer Finance announces 85% jump in net profit in...

Oman's youngest finance company, Taageer Finance Company (SAOC), has posted an over 85 per cent jump in net profit for…

#bank#investment#leasing


Enterprise Finance Europe help client with invoice discounting solution

A successful relationship between City-based receivables finance specialists, Enterprise Finance Europe (EFE), and new Oxfordshire-based client, Jonathan Crisp, has provided…

#cash-flow#invoice#management


Working capital finance is getting squeezed, says bank chief

One result of China's macroeconomic adjustments is working capital loans are being squeezed slightly more than investment loans, the head…

#bank#conference#guarantees


Karaoke machine maker to consider factoring

The Singing Machine Company, a maker of consumer-oriented karaoke machines in the US, has said it will look to selling…

#capital requirements#management#receivables


SMEs starved of working capital for IT expansion, says...

Small- and medium-sized enterprises (SMEs) wanting to finance their information and communications technology (ICT) implementation are currently faced with a…

#cash-flow#Funding Options#smes


ISME warns on accelerated VAT collection impact on SMEs’...

Small firms' lobby group, The Irish Small and Medium Enterprises Assocation (ISME), has expressed concern at the impact of Irish…

#cash-flow#invoice#smes


New trade finance product to reduce working capital costs,...

The developers of a new trade finance product claim it could reduce the working capital costs of small-and mid-sized enterprises…

#financial services#invoice#management


GMAC Commercial Finance provides US$10m revolving credit facility to...

GMAC Commercial Finance’s (GMAC CF’s) Retail Finance Group announced the closing of a US$10 million fully-secured revolving credit facility to…

#banks#commercial finance#financial services


SME finance options improve – BoE report

The financial environment for small businesses has improved sharply over the past decade, with a wide range of financial options…

#bank#Bank of England#invoice


Factoring to emerge as key ingredient of financial supply...

The global shift in traditional trade finance methods to a global financial supply chain (FSC) based on open source account…

#bank#international#International Trade


Corfo earmarked US$80m for SMEs in 2003, outlines plans...

Chile's state business development agency Corfo has reported that it issued more than 50bn pesos (US$80m) in loans last year…

#investment#smes#Vice president

SBA programme to support up to US$100 million in...

US small businesses seeking to sell their products and services in foreign markets will have access to expanded financing support…

#bank#conference#exporters

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