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Citizens Bank forms asset-based lending group

Citizens Bank has announced that it has formed Citizens Bank Business Finance, an asset-based lending unit. The unit operates from offices located at (more…)

Slovenska sporitelna Q1 2006 net profit equals Q1 2005

In the first quarter 2006, Factoring Slovenskej sporitelne produced profit of SKK (more…)

#bank#bonds#international


Bancolombia S.A. acquires majority participation in Comercia S.A

On May 8, 2006, BANCOLOMBIA S.A., by means of a transaction duly authorised by the Superintendency of Finance of Colombia,…


Small business “disproportionately” affected by the cost of Sarbanes-Oxley...

Smaller businesses in the US are being disproportionately affected by the cost of compliance with the 2002 Sarbanes-Oxley Act, a…

#compliance#investment#SEC


Peachtree Settlement Funding moves to new corporate office

Peachtree Settlement Funding, a leader in the specialty factoring industry, has relocated its Boca Raton, Florida offices. Management believes the…

#factoring industry#funding#management


Davenham boosts its assets

Davenham Asset Finance, an independent asset based lender to the UK small- to medium-sized enterprise (SME) sector, has boosted its…

#banks#Business Development Manager#i


Coface analyses bankruptcy rates in Central and Eastern Europe

A new analysis by Coface Central Europe showed that the lowest insolvency rate was in (more…)

#bankruptcy#insolvencies#insolvency


Close Invoice Finance funds Cherrystone acquisition

Cherrystone bought the company for an undisclosed sum from shareholders Adrian Pulleyn, of Pulleyn Transport in Reading and founder Henk…

#acquisition#bank#international


1st Commercial Credit offers factoring and accounts receivable financing...

1st Commercial Credit, LLC, a provider of factoring and accounts receivable financing, now offers services in Quebec, Canada. The Canadian…


National Factoring Company bond placement results

National Factoring Company (NFC) successfully placed its three-year RBL1bn bond yesterday with a coupon rate of (more…)


South Africa in prime position to gain more from...

The availability of trade and risk information remained critical for South African firms to identify export opportunities, Coface announced (more…)


Insolvencies in the first quarter 2006

Statistics showing insolvencies in the first quarter 2006 are published today by the Insolvency Service. Company Liquidations There were (more…)

SMEs account for 70% of Visa's Latin America and...

Visa expects its commercial credit cards sales volume in Latin America and the Caribbean to almost double  this year (more…)

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