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CIT reaches restructuring deadline

It has been another week of uncertainty for CIT, as the firm approached today s deadline for the restructuring of their finances. Negotiations will be ongoing today in a last attempt to save the firm from bankruptcy. Various sources are...

New Europe – rapid growth

Factorscan examines the rapid growth that factors in the Balkans and eastern Europe have managed to achieve in recent years…


Global trade confidence recovering, according to HSBC survey

A survey by HSBC has found trade confidence to be returning to SMEs across the globe. China showed the highest…

#global trade#international#recession


IFG sign cooperation agreement with ABFAC

International Factors Group have signed a cooperation agreement with the Association of Brazilian Factors ABFAC, which will encourage the reciprocal…


SMEs cautiously optimistic according to Close survey

Results from the Small Business Finance Barometer Survey conducted by factoring firm Close Invoice Finance could suggest that optimism is…

#business finance#cash-flow#invoice


Positive annual figures for Ultimate Finance thanks to 'prudent...

Ultimate Finance have released their annual figures for the year ending June 2009, reporting a £406,000 profit before tax and…

#bank#Bank of England#commercial finance


Scotland's SME finance in 'stranglehold,' say FSB

In a recent interview with The Herald Scotland, the Federation of Small Businesses has voiced concerns that the two foremost…

#bank#financial services#recession


Survey – fraud

Last month Factorscan conducted a survey on the threat of rising fraud in the factoring industry during the current economic…

#factoring fraud#frauds#invoice


International demands adapt to the downturn

Guillaume Legare, International Manager The Americas at the National Bank of Canada, talks to Factorscan about the role the bank…


Deutsche Bank announce new supply chain finance platform

Deutsche Bank has announced it will be launching a new global financial supply-chain management platform that will be fully integrated…

#bank#Deutsche Bank#management


FactorLine optimistic for post-recession future

In a recent interview with Business News Americas, FactorLine CEO Sergio Contardo expressed high hopes for the firm as the…


Credit insurance claims decrease while insolvencies rise, according to...

Trade credit insurance claims have decreased for the first time in a year during the second quarter of 2009, according…

#insolvencies#insolvency#risk

Interface launch new factoring services

The Interface Financial Group (IFG) today announced the addition of three new additions to its services. The firm will now…

#international#invoice#smes

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