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Sterling Bancorp to acquire leading staffing industry accounts receivable...

Sterling Bancorp has announced that it has signed an agreement to acquire the business and assets of a leading provider of credit and accounts receivable management services to the staffing industry... (more…)

Bibby Financial Services recruits for sales team

Bibby Financial Services, has announced that it has added to its growing sales team with appointments across the UK (more…)


Factoring in the Czech Republic – Jirн Matula, Transfinance

The Czech financial industry has changed significantly in recent years. Having suffered considerable losses due to their support of the…

#bank#bank loan#regulation


CBI forecasts only gradual recovery over next two years

The CBI's March forecast follows better-than-expected GDP growth in the last quarter of 2005, but suggests this bounceback will not…


Thai Factor Association calls for legal framework for factoring...

The Thai Factor Association (TFA) has called on the Finance Ministry to establish a legal framework for the factoring business.…

#bank#interest rates#international


TSS Financial closes US$165 million syndicated asset-based financing deal

TSS Financial served as deal originator and consulting agent for the borrower and assisted with the syndication. The facility was…

#bank#Bank of America#bonds


Hansa Lizingas opens first office in Marijampole

According to Hansa Lizingas  management, the decision to expand in this town was prompted by the growing number of factoring and…

#bank#leasing#management


GM recognises GMAC goodwill impairment in Q4

General Motors Corp. said late Thursday it will recognise a previously reported goodwill impairment charge of (more…)

#bankruptcy#commercial finance


PrimeRevenue executive recognised as top supply chain finance professional

 Supply and Demand Chain Executive magazine's 2006 Pros to Know  top industry professionals annual award recognises supply chain innovators based…

#cash-flow#Nexus#supply chain finance


CIT looking for European factoring acquisitions

CIT Group Inc., one of the largest US commercial and consumer lenders, is actively looking to acquire a European company…


Enterprise Finance Europe South West & Wales agree a...

South Wales-based Island Steel is benefiting from a new £10m facility put in place by Enterprise Finance Europe (EFE), a…


Davenham trade's up

The Birmingham office of Davenham Trade Finance, a leading, independent asset-based lender to the UK SME sector, has appointed as…

#asset-based lender#bank#commercial finance

The cost of bad debt to UK firms soars

British Firms are writing-off tens of thousands of pounds every year in bad debt due to customers not paying their…

#Atradius#financial services#insolvency

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