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GE Commercial Finance completes acquisition of structured finance business

GE Commercial Finance announced it has completed its acquisition of the structured finance business of ABB. ABB and GE Commercial Finance had entered into a definitive agreement for GE Commercial Finance to purchase the structured finance business on September 4,...

#acquisition#commercial finance#financial services

State-owned bank boosts export finance to SMEs

Brazil’s federally owned Banco do Brasil (BB) was very much in the news as it boosted its Proex export financing…

#bank#export finance#exporters


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


EBRD to finance factoring and leasing operation

The European Bank for Reconstruction and Development (EBRD) and Hansabank will sign a cooperation agreement on financing the operation of…

#bank#leasing


CapitalSource forms Finance Division for SMEs in media and...

CapitalSource, a leading commercial finance firm headquartered in Chevy Chase, Md., announced today the formation of a new division focusing…

#commercial finance#funding#smes


Euro Sales Finance release financial statement for the six...

Euro Sales Finance has released its financial statement for the six-month period ended 31 December 2001. The company recorded a…


Norwegian receivables finance company hit by allegations of massive...

The owners of Finance Credit Norge ASA, Trond G. Kristofferson ceo and Torgeir Stensrud chairman, have been remanded in custody…


GE Capital Commercial Finance Records Increase in Turnover and...

GE Capital Commercial Finance Ltd has released its financial statement for the year ended 31 December 2001. The company reported…


Cattles Invoice Finance Results for 2001 show Increase in...

Cattles Plc. has released its annual report and financial statement for the year ended 31 December 2001. The Corporate Division…

#invoice#management#trade


Davenham Trade Finance Limited Release Annual Report

Davenham Trade Finance Ltd., the factoring and invoice discounting arm of the Manchester-based Davenham Group plc. has released its annual…

#bank#invoice#management


Lloyds TSB Commercial Finance and Bertelsmann Finanz GMBH Join...

Lloyds TSB Commercial Finance today announced that it has joined forces with Bertelsmann Finance Service GMBH to provide invoice discounting…


Business Securities and Exchange Commission Approves Makati Finance IPO...

The Securities and Exchange Commission yesterday approved the application of leasing and financing firm Makati Finance Corp. (MFC) to sell…

Venture Finance Expands its Structured Finance and Invoice Finance...

Venture Finance, the invoice and asset based financier specialising in providing capital for small and medium-sized enterprises in the UK,…

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