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Ultimate Finance appoints new director

Invoice discount firm Ultimate Finance has strengthened its Midlands team with the appointment of a new regional director (more…)

SMEs predict export-led growth in next quarter

The rate of decline in orders and output among the UK's SMEs is slowing, according to the CBI s latest…

#Boost#funding#Funding Options


The cutting edge

Rob Harris, IT and Strategy Director at Close Invoice Finance in the UK, provides Factorscan with his insights into how…

#invoice#management#receivables


FGI Finance appoints vice president

FGI Finance has announced the appointment of it's new vice president of business development, responsible for developing the U.S. West…

#commercial finance#commercial lending#purchase order


CIT announces amendment of tender offer

Troubled lender CIT Group Inc. today announced that it has amended its pending tender offer for its $1bn of Floating…

#CIT#small businesses


Fraudster’s father cleared of conspiracy to defraud

The father of a convicted factoring fraudster has been cleared of a charge of conspiracy to defraud (more…)

#factoring fraud#invoice#management


Accord Financial sees Q2 profits drop

Canadian factoring provider Accord Financial Corp. has posted a 73 per cent drop in its second-quarter profits (more…)


$1bn boost for CIT trade finance unit

Troubled lender CIT Group has announced that it will give $1 billion of that money to its trade finance unit…

#bankruptcy#Boost#CIT


Growth signals improving economic climate

The number of loan applications from SMEs in the country grew by about 30% in Q2 2009 compared Q1 (more…)

#bank#financial institutions#guarantee


Announcement for Factorscan users

Factorscan.com would like to make it's users aware that access to the site may be disrupted on the 4th and…


Centric awarded by ACQ Finance

Centric Commercial Finance has been awarded in ACQ Finance magazine's Country Awards for Achievement 2009 (more…)


EBRD – a key driver of development

Factorscan addresses the efforts of the EBRD s Trade Facilitation Programme to promote receivables finance in eastern Europe and the…

Lending to struggling businesses 'not the answer'

Following the Chancellor's call to increase bank lending to small businesses, Edward Rimmer, UK and Ireland chief executive of Bibby Financial…

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