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Financing

Factors face increased competitive pressures and financing difficulties

Greater competition and financing problems herald significant changes for Chile's factoring industry, local financial daily El Diario reported. The reduction in interest rates has allowed the factoring units of banks to offer products, generally considered expensive, at a cheaper price,...

Gerling Offers Financing of Trade Receivables Through Capital Market

On 19 December 2001, Gerling Speziale Kreditversicherungs-AG, Cologne, became the first credit insurer to offer European small and medium-sized enterprises…


Intuit Canada Limited and Alliance Financing Group Inc. Announce...

Intuit Canada Limited, the Edmonton-based provider of e-finance solutions, together with the one-stop financing shop, Alliance Financing Group Inc., announced…


Credit Agricole Launches Online Financing Service

Transfact, the factoring subsidiary of French rural bank Credit Agricole, has announced the launch of Immedians, an online financing service…


CIT, Sinopac and C-ME to be Joined in Financing...

The US financing company, CIT, today announced the establishment with Taiwan’s Bank Sinopac and C-ME (Cyber Merchants Exchange) of a…

#bank#exporters#international


GMAC Joins Global Financing Network

GMAC has joined the eCredit.com Global Financing Network as a financing partner. The Global Financing Network connects businesses to global…


Client of Presidential Financing Pleads Guilty to Wire Fraud

Lawrence Rosenzweig of the Barridon Corporation has pleaded guilty today in a federal court to the charge of “wire fraud”,…


Client of Presidential Financing Corporation Charged with Fraud

Lawrence Rosenzweig of the Barridon Corporation has been charged today by a federal court of engaging in a scheme to…

#account receivables#receivables


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