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Americas

Debt collector sentenced after pocketing clients’ money

Debt collection agency chairman sentenced to five years in prison on fraud plea.  (more…)

#bank#debt collection#financial services

Lenders Commercial Finance launches Full-Cycle Financing Programme

Lenders Commercial Finance has announced it is now offering a more flexible alternative to traditional factoring. (more…)


United Capital reveals record funding levels

United Capital Funding Corp., a Florida-based provider of professional Accounts Receivable based funding and credit management solutions in the United…


Non-bank factoring grew over 37pc in 2012

In the past year non-bank factoring institutions posted a growth in an excess of 37pc, while banks factoring volume fell…


First Capital provides USD13m factoring facility

First Capital facility has provided a US subsidiary of a global manufacturer of specialty chemicals with liquidity to fund strategic…

#commercial finance#liquidity#receivables


Proactis sells invoice automation service to ‘leading broker’

PROACTIS, a global Spend Control & eProcurement solution provider, has announced that a leading brokerage firm of financial and non-financial…

#accounts payable#cash-flow#cloud


Bank of the West names head of supply chain...

Hamed Farhadi takes a position of the senior vice president and head of global trade solutions in Bank of the…


US Ex-IM announced 75pc increase in authorisations

US Ex-IM Bank approves more than USD7.4 billion in financing, from which USD1.2 billion - for SMEs. (more…)

#bank#exporters#exports


Hilco to return to receivables finance

Hilco re-launches accounts receivable unit in Northbrook, Illinois. (more…)

#i#investments#leadership


Bibby Financial Services hires international trade expert

Bibby Financial Services hires Tony Brown to drive international trade finance business expansion in North America. (more…)

#commercial finance#exporters#international


School breakfast bakeries to receive 100m pesos through factoring

The Dominican Republic s government funds school breakfast suppliers. (more…)


Electronic factoring taps into Chilean market

Electronic factoring is projected to grow about 20pc this year in Chile. (more…)

#assignment#electronic factoring#electronic invoicing

Universal Funding announced four new clients

Universal Funding attracts USD1.7 million of new business in December. (more…)

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