Forenede Factors Bought By NCM Holding NV
As of 1 October 2000, Northern Bank Factors Ltd will cease trading as a limited company and its factoring operation became a department of Northern Bank plc.
Factoring specialist Alex Lawrie and leading invoice discounting provider, Lloyds TSB Commercial Finance, are embarking on a new integrated business strategy.
The e-commerce and internet solutions provider AllnetServices.com Corp has today announced that it has renewed its factoring agreement with Global Asset Exchange Inc and that their factoring credit line has been extended to $1 million.
The USA’s largest provider of factoring, CIT Commercial Services, has further strengthened its position in the apparel e-commerce area today by announcing a strategic alliance with BtoBapparel.com, an internet based business to business marketplac
Fears have been voiced by a Mexican banker that inadequacies in the provision of information are threatening lenders.
UPS Capital, part of the UPS Logistics Group, is to set up a European factoring network which should be operational by the beginning of October 2000.
The venture capital industry has struck a regulatory barrier in its plans to attract overseas investment into Australian funds, prompting a political tussle that could determine whether Australian start-ups gain access to fresh capital.
A 7% increase in turnover for the first half 2000
ABC Holdings has just completed its primary listing on the Botswana Stock Exchiange.