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Factoring in the USA – strongest for five years

The US factoring industry achieved its strongest year-to-year growth since 2000, based on factored volume of its providers, according to the Commercial Finance Association (CFA) (more…)

Dresdner Factoring eyes SME market for growth

Chairman of Dresdner Factoring, Klaus Sauer, is pinning hopes of growth for his company, and the industry, on an increase…

#bank#invoice#receivables


SCB launches new SME working capital resource

Standard Chartered Bank (SCB) launched the new SCB business credit card, aimed especially at owners of small- and medium-sized enterprises…


Four bank officers convicted in US$70 million bank fraud...

After a six-month trial, a Miami jury has found defendants guilty of conspiring to carry out a US$170 million factoring…


Ulster Bank completes Invoice Finance rebrand

Ulster Bank, part of the Royal Bank of Scotland Group, has completed the rebranding of its former Commercial Services division…


UK football clubs to be sold receivables protection

Coface is to sell insurance to football and rugby clubs in the UK in the event of unpaid receivables (more…)

#cash-flow#insolvency#insurance


Factoring Ceske Sporitelny H1 revenues up

Factoring Ceske sporitelny (CS), a company specialising in financing receivables from domestic and foreign customers, has announced revenue growth of…

#receivables


Working capital, supply finance optimised via software deal

National City Bank (NCB) says it is better placed to meet client demand for supply chain and working capital solutions…

#bank#management#supply chain finance


Exim Bank plans model to finance SMEs

Export-Import Bank of India (Exim Bank) is working on a special model to finance small- and medium-sized enterprises (SMEs) in…

#bank#international#International Trade


Firms hit hard in holiday profit slump

Glasgow's small businesses are feeling the double impact of summer holidays and a slip in productivity. But these problems are…

#bank#invoice#small businesses


Asset-based finance veteran joins Greystone Business Credit

Greystone Business Credit has announced the appointment of Executive Vice President and Senior Member of the Greystone Business Credit Committee…

#bank#banks#investment


Reverse factoring offers suppliers a fast track to their...

Large retailers and banks are discussing agreements that would enable suppliers to be paid promptly in return for a fee.…

#bank#Bank of England#forum

Demica appoints Senior Vice President, Sales to head up...

Demica has consolidated its position in the United States market with the opening of an office in (more…)

#bank#invoice#management

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