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Dresdner Factoring, the German factoring service provider, has corrected its pre-tax profit for 2006 downwards by more than 80 per cent. Management board chairman Klaus Sauer has resigned. Source: Handelsblatt (more…)
Bank Alfalah introduces Alfalah Milkiat Finance (AMF) to help Small and Medium Enterprises (SMEs) in Pakistan. The newly launched product is…
#bank#Bank Alfalah#smes
Wageroller UK, a valleys financial services company, which has pioneered a new cash-flow boosting wages payment solution, has signed up…
#financial services#funding#interest rate
More than half of UK businesses have lost money because of fraud, yet nearly a third of firms admit they…
#Two#UK firms
The Commercial Finance Group announced Ernesto Mendoza has been hired as a new business development officer for Southern California. His…
King UK Limited, has been acquired by the Manchester-based private vehicle, Casper Limited, in a deal backed by Enterprise Finance…
The European structured finance group at GMAC CF has provided a £45 million three year senior secured credit facility to…
#commercial finance#funding#Letters of Credit
HSBC Group has entered into an agreement to acquire one of Taiwan s leading factoring companies, Chailease Credit Services. Taiwan…
#bank#international#receivables
After a rapid period of UK and overseas growth, Bibby Financial Services, a global provider of business cash flow solutions,…
#cash-flow#Ed Rimmer#financial services
When the Central American Free Trade Agreement (CAFTA) comes into place, Nicaraguan exports will increase, increasing opportunities for (more…)
Changes to the factoring regulations will commence in 2006 and will continue in 2007, and this will resolve many of…
#assignment of receivables#bank#exporters
The introduction of the floating charge, although offering the opportunity for factors to expand their products and services, is nevertheless…
In Croatia, factoring is becoming a popular short-term financial product although there is room to improve on the progress made…