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Finatra Captial Inc has announced plans to buy Premium Asset Recovery Inc. a factoring company specialising in the collection of consumer and commercial delinquent paper at discount prices. Finatra who specialise in commercial and consumer finance believe the acquisition will...
#acquisition#WHO
Heller Financial Inc. has today appointed Mark Ohringer to General Counsel effective immediately. Ohringer joined Heller’s legal department in 1993…
OFEK Capital Corp has announced the formation of a new American factoring company to be known as AFC, and will…
#e-commerce
Lawrence Rosenzweig of the Barridon Corporation has been charged today by a federal court of engaging in a scheme to…
#account receivables#receivables
The e-commerce and internet solutions provider AllnetServices.com Corp has today announced that it has renewed its factoring agreement with Global…
The USA’s largest provider of factoring, CIT Commercial Services, has further strengthened its position in the apparel e-commerce area today…
Fears have been voiced by a Mexican banker that inadequacies in the provision of information are threatening lenders. Victor Borras,…
#BBVA#cash-flow#i
CIT Commercial Services, the largest provider of factoring services in the US, today announced a strategic alliance with EcomTextile, Inc.of…
#CIT#credit protection#e-commerce
Aceva Technologies today announced the launch of their first managed eFinance platform and aims to service online businesses. The new…
#trade#trade credit
The troubled international financial services company Finova Group which last week announced that they would be selling their factoring business…
#Commercial Credit#financial services#international
Although figures have not yet been released, expectations regarding the results for the second quarter of 2000 are pessimistic. With…
#economy
Merchants Bank of California (which specializes in trade finance, factoring and ‘check cashing’) has reported record earnings for the second…
#bank#trade
CIT Commercial Services, the largest provider of factoring services in the USA, today announced an arrangement with TextilEdge, a leading…
#CIT#CIT Commercial Services#credit protection