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Factoraje Comercial America Reports Fourth Quarter and Full Year...

Factoraje Comercial America S.A. de C.V., the factoring subsidiary of one of Mexico’s leading insurance companies (Seguros Comercial America), today announced their fourth quarter and Full Year 2000 financial results. Factoraje Comercial America’s revenue reached Ps. 77 million. Its portfolio...

#insurance

CIT And 7thOnline in Alliance to Provide Financial Services...

CIT, a leading global source for financing and leasing capital managing more than $50 billion in assets, and 7thOnline, a…


BB& T to Provide Secure Web Site for Clients

van Schouwen Associates, a full service marketing and interactive agency in Greensboro, North Carolina, has been awarded the contract to…


First Digital Signature Contract for Asset Based Lending Introduced...

1st PM Factors Bancorp (also known as Pmfactors.com) has announced the first fully digital set of contracts signed using a…

#digital#funding#software


CIT, Sinopac and C-ME to be Joined in Financing...

The US financing company, CIT, today announced the establishment with Taiwan’s Bank Sinopac and C-ME (Cyber Merchants Exchange) of a…

#bank#exporters#international


Asta Funding Reports 45% Increase in Net Income in...

The financial services company, Asta Funding Inc., which specialises in factoring as well as the purchase, liquidation and management of…

#financial services#funding#management


Asta Funding Reports Acquisitions of Finance Receivables

The financial services company, Asta Funding Incorporated today reported that Asta Commercial, LLC, a wholly owned subsidiary of the company,…

#financial services#funding#i


HNS Wins Provisional Licence to Create Exclusive SME Bank

Heller Net Sud, the Japanese-Chilean firm specialising in factoring and leasing, has announced that Chile’s bank regulator on Wednesday granted…


Factoring Helps Sterling Bancorp Achieve Record Results

The financial services provider, Sterling Bancorp, today announced record earnings both for the year and the quarter ended 31 December…

#financial services#trade


CIT to Provide Trade Finance on the Internet with...

CIT Commercial Services, the USA’s largest provider of factoring, has today announced an agreement with Commfin, an internet portal that…

#CIT#CIT Commercial Services#platforms


GMAC Confirms Bank of America Purchase

BCR Publishing has today received confirmation that GMAC’s acquisition of the Bank of America’s factoring business was effective as of…

#bank#Bank of America#Commercial Credit


Southwest Financial Inc. Executive Pleads Guilty to Fraud.

An executive with a Little Rock, Arkansas factoring company, Southwest Financial Inc. pleaded guilty to conspiracy and eight counts of…

#bank#banks#Two

EDS and Primestreet Collaborate to Enhance Online Credit Solutions...

The global services company EDS and the credit-solution enabler, Primestreet announced on Friday 12 January 2001 a comprehensive agreement to…

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