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DTI to relax collateral requirements on SMEs

The Department of Trade and Industry will relax the collateral requirement on microbusinesses and small and medium enterprises (SMEs) for the P20 billion and P30 billion worth of loans and guarantee that the government plans to provide to this sector....

#assignment#risk#smes

Brightpoint Australia signs up to USD 29m asset-based credit...

Brightpoint, Inc. (NASDAQ:CELL) announced today that its Australian subsidiaries, Brightpoint Australia Pty Limited and Advanced Portable Technologies Pty Limited, entered…

#channel#commercial finance#management


CIT Commercial Services factoring relationship with fashion design house...

CIT Commercial Services, a unit of CIT Group Inc. (NYSE: CIT), today announced that it has provided a $56 million…

#CIT#CIT Commercial Services#Letters of Credit


Small business to benefit from joint EDC and Desjardins...

Caisse centrale Desjardins, the financial agent for Desjardins Group, is offering its small business members a chance to increase their…

#exporters#international#management


Bank of America completes first syndication of asset based...

The European Business Credit Group of Bank of America (BABC) has today announced that it has completed the syndication of…

#bank#Bank of America#commercial finance


SME Development Bank to double loans granted in 2003

More than a decade after its establishment, the Small Industry Finance Corporation has finally achieved its goal and upgraded itself…

#bank#banks#Bill


Cattles signs deal with DLA

Cattles Invoice Finance has structured a deal with the Dental Laboratories Association to offer invoice finance facilities to its 900…

#cash-flow#i#invoice


Factoring and invoice discounting grow significantly as bank overdrafts...

Third quarter figures released today by the FDA shows invoice discounting growing in popularity in comparison to traditional overdraft lending…

#bank#invoice#management


Fleet Capital provides US$100 million asset-based credit facility to...

Fleet Capital Corporation, one of the United States's largest asset-based lenders, announced today that it served as agent for a…

#capital requirements#liquidity#working capital


Transamerica signs US$30 million asset-based finance facility

Zones, Inc. (Nasdaq:ZONS), a single-source direct marketing reseller of name-brand information technology products, announced today that it has refinanced its…

#financial services#i#IBM


FDA statistics for quarter ended September 2002 show decrease...

The FDA has released its third quarter statistics. The figures show that export factoring and invoice discounting services have decreased…

#credit protection#invoice#management


Cattles Invoice Finance Launch New Low-entry Level Confidential Product

Cattles Invoice Finance, a Leeds-based factoring and invoice discounting company, have launched a new cash flow funding solution and has…

#cash-flow#invoice#management

Skipton Business Finance Release Figures for 2001

Skipton Business Finance Limited, the factoring and invoice discounting subsidiary of Skipton Building society, has released its figures for the…

#business finance#invoice#Skipton Business Finance

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