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FCI announce new East Asia members

Factors Chain International (FCI) has announced the addition of three new members, two of which are based in East Asia. (more…)

Goldin Financial Holdings to launch subsidiary

Goldin Financial Holdings have been granted business license for a new factoring subsidiary based in China. (more…)

#investment#working capital


Bearish now. Bullish later?

Olga Gritsay, President of the Association of Factoring Companies in Russia, talks to Factorscan about the Russian industry's prospects for…

#bank#guarantees#management


CIT secures loan

CIT have secured additional funding from a group of a "group of diverse lenders" (more…)


Banca IFIS announce quarterly figures

Banca IFIS have announced their results for the third quarter of this year. (more…)

#asset-based lender#Banca IFIS#crisis


Factorline to open 6 new branches by year's end

Chilean factor Factorline has announced that six new branches will be opened (more…)


CIT counter Icahn's criticism of restructure plan

CIT Group, parent bank of CIT commercial finance, have deemed billionaire investor Carl Icahn s letter to bondholders inaccurate (more…)

#bank#cash-flow#CIT


Santander gains UK factoring subsidiary

Santander Corporate Banking have acquired independent factoring firm (more…)


US firm launches alternative finance search facility online

Alternative receivables financer provider and asset-based lender Capital Match has launched (more…)


US, French and Australian ECAs announce reinsurance agreement

Three export credit agencies from Australia, France and the US have signed reciprocal reinsurance agreements in a move that will…


Venture Finance release results of industry think tank

Venture Finance have released a White Paper featuring the outcomes of their industry think tank, The evolution of invoice and…

#asset based finance#business finance#financial services


CIT extends exchange deadline

CIT Group have once again made alterations to the debt exchange offered to bondholders; the second change since the restructure…

#bankruptcy#CIT#interest rate

1st Commercial Credit launches business credit report service

1 st Commercial Credit LLC, a factoring firm based in the US, today launched an online database that allows companies to…

#credit reports#payment terms#receivables

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