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finance

GE Commercial Finance commits $30 million of debtor-in-possession financing

FiberMark Inc, a leading producer of specialty fibre-based materials, announced yesterday that it has filed voluntary petitions to reorganize under Chapter 11 bankruptcy protection. The Vermont-based company, hurt by a weak economy and recession in most of its key markets,...

#bankruptcy#commercial finance#economy

SMEs should read up on finance, say investors

Entrepreneurs and growing businesses should research the different finance options on offer or risk missing out on crucial cash backing,…


Ex-Im Bank expands programmes to finance US exports to...

The Export-Import Bank of the United States (Ex-Im Bank) will offer expanded financing opportunities for US exports to the public…

#bank#emerging markets#exports


GE Commercial Finance in refinancing deal with British valve...

An Ј8 million refinancing deal, including Ј3.5 million provided by GE Commercial Finance, (GECF) has enabled St. Helen’s-based Delta Fluid…

#acquisition#commercial finance#funding


Most SMEs operate without bank finance

Argentine banks reach only 23% of small- and medium-sized enterprises (SMEs) in the country with their financing options, according to…

#bank#bank loan#guarantees


Fraud hammers Potential Finance results

Potential Finance Group PLC went into the red in a "challenging” year to September, with its results weighed down by…

#bad debts#BCR Publishing


GE Commercial Finance expect double-digit profit growth in 2004,...

General Electric Co.'s (GE) huge commercial finance arm, in contrast to its parent company, continues to expect another year of…

#commercial finance#conference


Guarantee provided by IPI Financial Services to GMAC Commercial...

IP Innovations Financial Services, Inc., a provider of specialised financial guarantees and credit enhancements, has successfully assisted GMAC Commercial Finance…


Euro Sales Finance appoints new top management team

Euro Sales Finance (Euro Sales), a specialist provider of invoice finance has today announced the appointment of John Bevan as…

#financial services#i#invoice


Bridge Bank expands Capital Finance Group

Daniel P. Myers, president and chief executive officer of Bridge Bank, National Association, has announced that Scott Chamberlin, a 12-year…

#bank#Bank of America#financial services


New business development manager for Venture Finance

Venture Finance, the invoice and asset based financier, today announces the appointment of Mark Humphreys as regional manager for the…

#bank#commercial finance#invoice


Reforms of the taxation of asset finance would hit...

The Finance & Leasing Association (FLA) has published a report that highlights the economic impact of the government’s corporation tax…

#bank#funding#management

Trade finance – Export credit

China has two organisations providing official export credit support: the China Eximbank, which was established in 1994 and China Export…

#bank#exporters#exports

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