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finance

BB&T names Broome head of Commercial Finance unit

BB&T Corporation names senior loan administrator J. Tol Broome Jr. president of its commercial finance unit. BB&T created the unit in 2005 by combining its factoring and asset-based (more…)

#bank#BB&T#commercial finance

Another record for Venture Finance

Venture Finance announced record pre-tax group profits of £14m for 2006 – an increase of 23% on 2005. This growth…


Pakistani Bank Alfalah launches Milkait finance for SMEs

Bank Alfalah introduces Alfalah Milkiat Finance (AMF) to help Small and Medium Enterprises (SMEs) in Pakistan. The newly launched product is…

#bank#Bank Alfalah#smes


The Commercial Finance Group Names New BDO in Southern...

The Commercial Finance Group announced Ernesto Mendoza has been hired as a new business development officer for Southern California. His…


GMAC Commercial Finance receivables funding for Bridisco

The European structured finance group at  GMAC CF has provided a £45 million three year senior secured credit facility to…

#commercial finance#funding#Letters of Credit


Global Trade Finance net profit soars 253pc in 9...

Global Trade Finance Ltd, a leading provider of trade finance to small- and medium-sized enterprises, has reported a 253% jump…


GE Commercial Finance provides receivables funding for MSP Ltd...

GE Commercial Finance's Business Finance unit provided receivables funding to MSP Ltd for their recent MBO. MSP Ltd, based in…


Muskat Finance announces net profit increase, proposes cash dividend

The board of directors of Muscat Finance has adopted the financial statements for the year 2006 and recommended (more…)

#bank#leasing#security


Lancashire finance firms scoop top accolades

The Lancashire Dealmakers Awards annual ceremony attracted finance professionals from across the county to (more…)


GE Corporate Lending provides USD200m asset-based finance to toy...

GE Commercial Finance - Corporate Lending today announced it has provided a US$200m asset-based credit facility to the largest mall-based…

#commercial finance#liquidity#working capital


Venture Structured Finance funds Precision Engineering MBO

The management team at Precision Engineering Ltd (PEL) has acquired the business via an MBO. Funding was provided by Venture…


Landsbanki Commercial Finance continues expansion in 2007 with six...

Landsbanki Commercial Finance (LCF) announces six new appointments to its team. Brent Osborne, managing director, celebrates the expansion: In the…

Exim Bank plans to boost export activity with finance...

The state-owned bank has introduced a new financing facility for export service providers. Previously, the Exim Bank had offered loans…

#bank#exporters#international

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