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CIT to use ICC IP Payments Framework solution

As a member of Payment as a Secure Services (PASS TM ), CIT will leverage the IP Payments Framework to provide small businesses using the Windows Vista operating system access to (more…)

Guatemalan retail relishes using factoring

Large Guatemalan retail stores are finding factoring useful as they extend credit-card services to a broader range of consumers (more…)


Griswold secures major factoring deal

Platinum Funding Group has announced it has completed a two-year factoring facility for Griswold Manufacturing, worth (more…)

#acquisition#cash-flow#funding


IFG notes Chilean revolution

The International Factors Group (IFG) says Chile is ripe for a revolution in international factoring. The factor exchange body, announcing…


Marquette CF poaches GE managing director for working capital...

Industry veteran Dan Karas has joined Marquette Commercial Finance as executive vice president in charge of sales and marketing (more…)

#commercial finance#Vice president#working capital


Economists mixed on outlook for 2007

As 2007 begins, experts are mixed on what the economy will look like in the coming year. While most analysts…

#GDP#inflation#interest rates


Greenfield Financial Group Inc. announces amalgamation of subsidiaries

Greenfield Financial Group Inc., a provider of specialty finance services, has announced that on 1 January 2007 it will amalgamate…


Factoring unit restructured at Marlin

Marlin Business Services has announced a series of changes to its management. Lynne Wilson, Marlin's chief financial officer, will assume…

#management


Dwinn-Shaffer arranges USD8m factoring agreement

Dwinn-Shaffer Company's newly formed Corporate Finance Division announced the negotiation of an US$8m factoring agreement arranged for a long-standing client…

#cash-flow#corporate finance#funding


Capstone provides USD19m factoring deal to jewellery distributor

Fine jewellery distributor and manufacturer D'Annunzio Distribution Inc., based in Totowa, New Jersey, signed a two-year, US$19.2m financing deal with…


Wells Fargo confirms factoring company deal

Wells Fargo Company said it has acquired Evergreen Funding Corp., the Dallas-based factoring company serving small and middle market companies…

#bank#financial services#funding


Humphreys upgrades rating on Factorline debt

Chilean ratings agency Humphreys has upgraded its rating on the commercial paper issued by factoring firm Factorline from BBB+ to (more…)

#international#international factoring#management

BancoEstado grabs target market share in factoring business

Chile's third largest bank, state-owned BancoEstado, has achieved its goal of grabbing a 4 per cent market share in the local…

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