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Receivables Exchange downsizes sales and marketing department

The Receivables Exchange, a Louisiana-based online marketplace for the sale and purchase of receivables, has laid off 26 sales and marketing employees in New Orleans and New York, according to reports from the Times-Picayune and the Silicon Bayou News. (more…)

US factoring – modest growth forecast

Paragon Financial say factoring is likely to grow this year, but only slightly faster than the economy. (more…)

#international#international factoring#International Factoring Association


Colombian Factor Group president under criminal investigation

A year after the start of liquidation procedures, a factoring company's boss is accused of criminal activity. (more…)


Wells Fargo provides USD60m to SAIL Outdoors to support...

Wells Fargo Capital Finance Corporation Canada becomes a sole lender to a USD60 million credit facility for SAIL Outdoors, Inc.…

#management#working capital


Proposed legislation to boost invoice financing sector

Chilean Congress discussed new regulatory initiatives on mandatory use of e-invoicing and deferred tax credit of VAT. (more…)


Eighty-Eight per cent of businesses lack financial risk visibility,...

Survey reveals wide variances in corporate risk exposure preparedness. (more…)

#cash management#cloud#management


Dominican greenhouse producers demand factoring

President Greenhouse Cluster says agricultura industry requires factoring to attract buyers. (more…)

#bank#interest#interest rates


Gateway unveils new invoice management division

Florida-based Gateway Commercial Finance has announced the formation of a new division, Sentinel Portfolio Solutions, to provide its proven platform…


Universal Funding to publish ‘six golden rules’

Universal Funding announced publishing an e-booklet. (more…)


e-Factor Network exceed 2012 goals

e-Factor Network announces record growth for 2012. (more…)


BNY Mellon to pay USD114 million settlement over Ponzi...

Bank of New York Mellon Co has reached USD114 million settlement to resolve the claims of Medical Capital Holdings Inc.…


Accord Announces Fourth Quarter and Fiscal 2012 Earnings

TORONTO, Feb. 19, 2013 Accord Financial Corporation a leading North American provider of factoring and other asset-based financial services to…

Purchase Order Financing – a “tough love” solution for...

  Purchase order financing in the USA is an upcoming solution for businesses struggling to access funding for growth. Richard Eitelberg,…

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