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The financial services holding company, Greater Bay Bancorp, has announced that it has signed a definitive agreement to acquire the…
The Bank of England has published the eighth edition of its ‘Finance for Small Firms’ report. The executive summary presents…
Borrowing by small businesses rose by an underlying Ј1.0 billion (+3%) in the final quarter of last year. This was…
Sanwa Bank (parent of the Japanese factoring company, Sanwa Business credit Co Ltd), Tokai Bank (parent company of the Central…
Rumours have emerged that Credit Agricole SA, parent company of French factors Transfact, is to float on the Paris stock…
It was announced yesterday that the Bermuda based conglomerate, Tyco International Ltd, plans to move into the financial services market.…
The Norwegian government is divesting a 13.4% stake in Den norske Bank, parent company of one of the Norwegian factoring…
Cattles plc (formerly Reedham Factors) has announced that it intends to place an additional 14 million shares at a minimum…
The Chilean government has launched an initiative designed to help small businesses refinance their debts and rekindle investment. A US$2bn…
Recording a level of 52.1 in February, the seasonally adjusted Purchasing Managers’ Index (a composite index designed to provide an…
The French Bank Credit Agricole, owners of the French factoring company Transfact, has acquired 21million shares (equivalent to 1.2%) in…
A survey conducted by Dun & Bradstreet, the business information group, has shown that German companies on average are the…
Rumours have emerged that the Singer & Friedlander Group, owners of Singer & Friedlander Factors Ltd, are about to succumb…
The Bank of England's Monetary Policy Committee today voted to maintain the Bank's repo rate at 5.75%. The minutes of…
Bibby Factors Bristol Ltd, part of the Bibby Group of Factors (the largest non-bank owned factoring organisation in the UK),…
From today, Natwest’s small business customers can benefit from a clear overdraft commitment of up to 12 months with the…
Leading European banks and insurers have formed a discussion and lobbying group to support the completion of the single market…
Singer & Freidlander Factors Ltd today released their annual accounts for the year ended 31 December 2000. Turnover has fallen…
Distinctive Solutions Corporation, the specialist provider of software for the factoring industry, sold its 500th factoring/asset based lending software system…
GE Capital Commercial Finance has become the latest member of the Factors and Discounters Association - the trade body representing…
Today the Santa Monica (California) based custom software provider, Bayside Business Solutions, have launched their Enterprise Oracle Edition of FactorSoft.…
Heller Financial, Inc., the worldwide commercial finance company, today announced that after an extensive review of strategic alternatives, it will…
First Coastal Bank, based in El Segundo, California, has announced that it will begin to market a factoring and accounts…
by Ken Walsleben Introduction: On Wednesday, October 4, 2000, I received a promising call from a broker introducing a New…