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Budapest unveils government initiative to make subsidised working-capital loans available to SMEs. (more…)
#bank#Raiffeisen#smes
The sale of Capital TempFunds positions Capital Business Credit to concentrate on significant market opportunities in its core factoring business…
#commercial finance#credit protection#funding
GE Capital has announced the acquisition of Italy-based factoring provider Interbanca S.p.A. from Banco Santander, S.A. (more…)
Bank of America Business Capital announced it provided a $65m asset-based loan to Midland Paper Company (more…)
#bank#Bank of America#liquidity
The Beijing Municipal Government have announced the creation of the SME Venture Capital Investment Guiding Fund (more…)
#innovation#investment#management
While the national financial crisis has ground the flow of credit from commercial and investment banks to a halt, less…
Financial sector companies increased their capital by more than EUR320m in the first seven months of the year, according to…
Ciena Capital LLC, a New York provider of factoring services to small and midsized enterprises, has filed for Chapter 11 bankruptcy…
#bankruptcy#small business
The German government has provided seed capital amounting to EUR2.3m to establish the first formal microfinance bank in Namibia. (more…)
#bank#financial institution#financial services
Surecomp, one of the leading providers of receivables management and trade finance solutions for the global financial services community, announced…
The Securities and Exchange Commission of Pakistan (SECP) is to set to introduce Private Equity and Venture Capital Funds (PE…
US based Liquid Capital have closed two factoring facilities with a combined value of USD$300,000. (more…)
#Two
KBC Business Capital, the specialist asset-based lending division of Belgium banking group KBC Bank NV has acted as mandated lead…