Latest FDA Figures Show Volume and Funds Provided Continue to Increase
The Factors & Discounters Association has announced figures for the half year ended 30 June 2000.
The Factors & Discounters Association has announced figures for the half year ended 30 June 2000.
CIT Commercial Services, the largest provider of factoring services in the USA, today announced an arrangement with TextilEdge, a leading e-commerce marketplace serving the global textile industry.
Since the economic crash of three years ago, Thailand’s banks have been enmeshed in a web of bad debts generated by the crash. However, whilst relief is not imminent, it is at least thought to be on the way.
The CIT Group today announced a record net income of $151.4 million for the second quarter of 2000. This represents an increase of 57.2% from the same quarter of 1999 and puts this year’s six monthly income at $295.3 million.
Although the rate of economic growth in Malaysia is one of the fastest in the south east Asian region and is predicted to accelerate next year, analysts are concerned that a lack of foreign direct investment in the country could put a brake on the
The USA’s largest provider of factoring services, CIT Commercial Services, have today announced an alliance with TradeOut, a global internet marketplace for business surpluses such as excess inventory and idle assets.
The Department of Trade and Industry has today announced its SME statistics for 1999. Their findings include the following results:
Go to www.capital.com and you will find an on-line business finance marketplace in which premier financing sources compete to provide services to small and medium-sized companies.
The Department of Trade and Industry have today released the corporate insolvency figures for the second quarter of 2000. The figures show that there were 3,426 company insolvencies in England and Wales in the period.
In July Japanese corporate bankruptcies rose 21% year on year to 1,617. Total debts owed by bankrupt firms tripled to 4, 260bn Yen (Ј26bn).