John F Daly of CIT Commercial Services presents the latest analysis of the US market
Market Performance and Supply
Factors generally serve companies that range in size from a turnover of US$1 million to US$500 million and more. While factoring was once predominantly a tool of the apparel and textile industries, it is now embraced by a wider variety of industries that sell into retail distribution channels including housewares, toys and consumer electronics.
Summary of mergers/acquisitions during 1999 and 2000
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