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Lloyds TSB Commercial Finance has appointed Jeremy Harrison to head its New York office. Jeremy takes over from Paul Herrington…
Expansion prospects at Davenham, specialist lender to small businesses, have been brightened by the early returns from its London office, which…
BB&T Corporation names senior loan administrator J. Tol Broome Jr. president of its commercial finance unit. BB&T created the unit in 2005 by combining its…
Citigroup has combined its global loans, leveraged finance, asset based finance and emerging market debt businesses after it restructures its fixed…
Venture Finance announced record pre-tax group profits of £14m for 2006 – an increase of 23% on 2005. This growth…
Premier American Bank has named Donovan Daley as senior vice president of the factoring and asset-based lending department. (more…)
UC Factors announced its expansion into Texas. The company also announced Iris Welch has joined UC Factors as business development…
CorpBanca S.A. has been added to the NASDAQ, AMEX and NYSE. CorpBanca S.A. and its subsidiaries provide general commercial and consumer…
The robust performance of UK SMEs Q3 2006 was almost replicated in the final quarter of the year with a…
The EIB supported SMEs with a record level of bank credit lines in 2006 of EUR 5.8bn and a record…
Postbank was awarded two prizes at the international financial exhibition Banks, Investments, Money. Postbank's factoring services, offered by EFG Factors…
Dresdner Factoring, the German factoring service provider, has corrected its pre-tax profit for 2006 downwards by more than 80 per…
Bank Alfalah introduces Alfalah Milkiat Finance (AMF) to help Small and Medium Enterprises (SMEs) in Pakistan. The newly launched product is…
Wageroller UK, a valleys financial services company, which has pioneered a new cash-flow boosting wages payment solution, has signed up…
More than half of UK businesses have lost money because of fraud, yet nearly a third of firms admit they…
The Commercial Finance Group announced Ernesto Mendoza has been hired as a new business development officer for Southern California. His…
King UK Limited, has been acquired by the Manchester-based private vehicle, Casper Limited, in a deal backed by Enterprise Finance…
The European structured finance group at GMAC CF has provided a £45 million three year senior secured credit facility to…
HSBC Group has entered into an agreement to acquire one of Taiwan s leading factoring companies, Chailease Credit Services. Taiwan…
After a rapid period of UK and overseas growth, Bibby Financial Services, a global provider of business cash flow solutions,…
When the Central American Free Trade Agreement (CAFTA) comes into place, Nicaraguan exports will increase, increasing opportunities for (more…)
Changes to the factoring regulations will commence in 2006 and will continue in 2007, and this will resolve many of…
The introduction of the floating charge, although offering the opportunity for factors to expand their products and services, is nevertheless…
In Croatia, factoring is becoming a popular short-term financial product although there is room to improve on the progress made…