Capital Factors’ Parent Company Reports Increased Earnings.


Union Planters, the 28th largest bank holding company in the United States, with assets in excess of US$30 billion, today reported an 18% increase to US$125.9 million in earnings for the first quarter of 2002.

Capital Factors is part of the Union Planters Bank Group and one of the top ten factoring companies in the United States. It offers a broad range of services including protection against bad debt losses, collection of accounts and cash management services.

Source: BCR



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