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Banks Reduce Offer of Credit

Brazilian banks are reducing the offer of credit to small and medium sized companies due to the growth of default level. One of the alternatives for small players is to advance their receipts through a factoring company, that are also...

#banks

Asta Reports 49% Increase in Net Income

Asta Funding, the financial services company which specialises in factoring and the purchase, liquidation and management of performing and non-performing…

#financial services#funding#management


Accord Financial Corp Announce Second Quarter and First Half...

The Toronto-based Accord Financial Corp (which through its subsidiaries in Canada and the United States, provides asset-based financial services to…


KBK Capital Corporation Plans to Boost its Factoring Portfolio...

KBK Capital Corporation, which provides financial services to middle-market businesses, today reported its operating results for the second quarter and…


Bay View Capital CEO Outlines Strategy at Annual Shareholders'...

CEO of Bay View Capital Corporation (based in the San Francisco Bay area) outlined the company's strategy for building shareholder…

#leasing


Spectrum Goes Independent of US Bancorp

Last year US Bancorp acquired Spectrum Commercial Services as part of a larger deal. Top executives at Spectrum assumed that…


Head of PayDay Today Arrested on Suspicion of Fraud

David L’Hoir, who ran the organisation PayDay Today was arrested by the FBI in Fort Lauderdale, Florida on suspicion of…

#interest#WHO


Berkshire Hathaway and Leucadia National to Bail Out Finova

The US Bankruptcy Court in Delaware approved a plan by Berkshire Hathaway Inc and Leucadia National Corp to bail out…


Factoring in North America Slows Down with the Economy

It seems that the stalling of the US economy has impacted the activity of factors in the USA and Canada…

#BCR Publishing#CIT#liquidity


John F Daly of CIT Commercial Services presents the...

Market Performance and Supply Factors generally serve companies that range in size from a turnover of US$1 million to US$500…

#bank#international#management


Electronic Interchange Between Manufacturers and Retailers

By Joseph J. Richardson Senior Vice President Operations and Administration CIT Commercial Services It’s no secret: The process of replacing…


Marketing a Factor- Successful Techniques Used By An Industry...

By Tobi Wilkins Quantum Corporate Funding, Ltd. Factors, unlike other financial services professionals, find themselves filling an important niche in…

#financial services#funding#trade

Upcoming Revision of Article 9

by Bennett L. Cohen, General Counsel Cohen, Salk & Huvard, P.C. The Transition Rules In the IFA’s 28 September 2000…

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